The company was another victim of the corporate cancer of pirate venture capital. It is sad that after making so many concessions the employees will be, once again, the ones that take the worst hit. The venture capitalists and their hired stooges have already made their nice bundle including bonuses for running the company into the ground and staying around to put the final nail in the coffin, the creditors, at least those that are not employees, will probably get something of what they are owed, the products and their recipes will be sold off to those that will produce them elsewhere, and the employees will end up on unemployment and looking for jobs. I just wish that the employees had the wherewithal to obtain financing, buy the company, and run it as a co-op, but they are not considered a good risk despite all they have done over the years to make the company succeed before being bought out by the pirates.
I only feel bad for the non strikers. They were trying to work. They are the victims. Some of those people have been there 20+ years and will get nothing. Merita was already bankrupt they just needed a easy out and they got it.