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JM Smucker to buy snack maker Hostess Brands for $5.6 billion

Por: ABC7 World September 12, 2023

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with its recent agreement to purchase Hostess Brands, the maker of Twinkies and HoHos.On Monday morning, Hostess Brands in a press release that the company had entered into a definitive agreement with The J.M. Smucker Co. ... to acquire all of the outstanding shares of Hostess Brands for a cash and stock transaction valued at approximately $5.6 billion, including the assumption of debt.Hostess president and CEO Andy Callahan commented on the... + full article



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