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Smucker to buy Twinkies maker Hostess for $5.6B

Por: Fox Business Business September 11, 2023

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Chefs John McLemore Sr. and John McLemore II discuss the rise in food inflation under the Biden administration on 'The Big Money Show.'  J.M. Smucker said on Monday it will acquire Hostess Brands in a deal worth approximately $5.6 billion, or $34.25 a share. Smucker will take ownership of noted baked goods like Twinkies, CupCakes, DingDongs, Zingers and HoHos. The company also agreed to assume roughly $900 million of Hostess'... + full article



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