Great question!
BTW, I believe that once a company goes into bankruptcy all contracts become null and void, like the union contract.
That means that the union can buy the company, and in order make it profitable they would have to hire hire non union workers. That’s the solution.(SARC)
Actually - DEMOCRATS had the investment in Hostess. BWAhahaha
http://www.zerohedge.com/news/2012-11-16/hostess-liquidation-curious-cast-characters-twinkie-tumbles