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Hostess strike

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Twinkies maker Hostess is threatening to liquidate the entire company Friday unless enough striking employees return to work.

The workers are striking against a eight-percent across the board pay cut next year, and the closing of bakeries in Seattle, Saint Louis and Cincinnati.

Hostess has been trying to reorganize under Chapter 11 Bankruptcy.

Liquidation would cost more than 17,000 hostess workers their jobs.
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