Sep 11, 2023

J.M. Smucker to Buy Twinkies Maker Hostess Brands in $5.6 Billion Deal

J.M. Smucker on Monday agreed to buy Twinkies maker Hostess Brands for $5.6 billion including debt in a deal that unites two major American snack makers. The deal was worth about $4.6 billion excluding debt, with Jif peanut butter maker ...