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.
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.