Bankruptcy Court Judge Approves Hostess Wind-Down Plan

Wednesday, 21 Nov 2012 | 3:25 PM ET

The Bakers Union chief Frank Hurt was not present at the last-ditch mediation talks yesterday. Mike Hummell, Bakers Union, and Justin Wilson, Center for Union Facts, weigh in. CNBC's Kayla Tausche reports the bankruptcy court judge has approved the wind-down plan submitted by Hostess.