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The Boston Globe

Business

Hostess set to mediate with union

WHITE PLAINS, N.Y. — Twinkies will live to see another day.

Hostess Brands Inc. and its second-largest union agreed on Monday to go into mediation to try to resolve their differences after a bankruptcy court judge concluded that the parties hadn’t gone through the critical step. That means the maker of the spongy cake with the mysterious cream in the middle won’t go out of business yet.

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