[cableguymn]

You’d be wrong.

The Teamsters looked at Hostess’ books and realized it was a pay cut of about 10% or a pay cut of 100% and did the math.

The bakers.. not so much.

[snarkybob]

http://business.financialpost.com/2012/11/16/twinkies-maker-hostess-is-going-out-of-business-putting-18500-out-of-work/

I got this from a cursory google search.
there was lots of speculative junk from huffington post but I know they make up facts as needed.

I know nothing about this publication. However this article says the Teamsters wouldn’t move on pension bennies.