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which began November 9
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Hostess blamed heavy debt and burdensome wage and pension obligations for its financial woes,Timberland Roll Top Boots. It said a strike by members of the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union (BCTGM),Timberland Boots Men, which began November 9,Miu Miu Online, was the latest in years of labor troubles that had crippled the company's ability to restructure its finances and produce and deliver products at several facilities.
But union officials and line workers said union workers had already agreed to a series of concessions over the years and the company had failed to invest in brand marketing and modernization of plants and trucks and had focused instead on enriching owners such as private equity firm Ripplewood Holdings and hedge funds Silver Point Capital and Monarch Alternative Capital. |
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