Mix a peanut butter and jelly with a Twinkie and what do you get? A snack worth $5.6 billion, apparently. That's the price tag J.M. Smucker Co. paid to acquire Hostess Brands, including debt, with the ...
Twinkie is getting a new owner. Twinkie maker Hostess Brands is being bought by J.M. Smucker as it spreads its peanut butter and jelly empire. The value of the deal is a lip-smacking $5.6 billion. NPR ...
JM Smucker — the 126-year-old maker of fruit spreads, Jif peanut butter and Folgers coffee — announced on Monday that it will acquire Twinkie maker Hostess Brands in a $5.6 billion deal. Smucker will ...
Hostess Twinkies first came onto the scene in 1930 and contained real fruit until rationing during World War II led to the vanilla cream Twinkie. A bankruptcy judge on Tuesday approved the sale of ...
Hostess stock climbed roughly 19% Monday, while JM Smucker declined as much as 8%. Jelly company Smucker agreed to acquire the Twinkie maker for $5.6 billion. Hostess investors will receive $30 in ...
New York (CNN) — Hostess, the maker of Twinkies and Ho Hos, is being purchased by J.M. Smucker in a $5.6 billion deal. The two companies announced the transaction Monday, with the jelly maker saying ...
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, ...
Hostess, the maker of snack classics like Twinkies and HoHos, is being sold to J.M. Smucker in a cash-and-stock deal worth about $5.6 billion. Smucker, which makes everything from coffee to peanut ...
Twinkies’ biggest mystery has finally been unwrapped. Hostess, with help from social media influencer Dude Dad, revealed the flavor of its Mystery Flavor Twinkies in a video posted to Instagram on ...