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Burkle, Bimbo And Teamsters Vie For Interstate

Law360 (November 2, 2007, 12:00 AM EDT) -- The investment firm fronted by supermarket magnate Ron Burkle has decided to make a play for bankrupt Interstate Bakeries Corp., with a little help from a Bimbo and the Teamsters.

On Friday, Yucaipa Cos. revealed that it had joined forces with Bimbo Bakeries USA and the International Brotherhood of Teamsters while tossing its hat into the ring for the beleaguered maker of Hostess Twinkies and Wonder Bread.

The announcement comes only days after Interstate reached an agreement with Silver Point Finance LLC to provide it with...
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