don’t borrow money, if you do then try to get a better deal BEFORE you take a loan.
It wasn't the unions that borrowed money.
And it looks like Sun Capital wants to buy Hostess and keep the existing plants and workers operating.
The co-CEO for Sun Capital said:
"I think that we could offer a slightly better, more labor-friendly deal than what was on the table last week," says Sun co-CEO Marc Leder, in an interview with Fortune. "We also think that one point the unions have made is that there hasn't been a great amount of reinvestment in the business. We've found that investing new capital into companies like this can be very positive for brand, people and profitability... We would look to invest in newer, more modern, manufacturing assets that would enable the company to become more productive and to innovate."