Interstate Bakeries Looks to Ward Off Takeover Attempt

November 6, 2007

Interstate Bakeries, the maker of Wonder Bread and Twinkies, has filed a reorganization plan in an apparent attempt to prevent a takeover by Yucaipa Cos and the U.S. arm of Grupo Bimbo.

Recent News

Waffle House Workers Strike for Fair Pay and Better Working Conditions

Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions.