Fox Business has come to LRI’s Phil Wilson again for comment on the latest news regarding the Hostess bankruptcy proceedings. Hostess has asked the bankruptcy court to allow them to void their union contract. The union has stated that if this happens, they will strike – while Hostess says if they strike, they will liquidate the assets of the company. In case the link is no longer valid, you can watch the short news segment below. [jwplayer config=”Post Player” file=”http://lrims.com/video/fox041812.flv” image=”http://lrims.com/images/fox041812.jpeg” ]