Smuckers Buying Hostess Brands Iin $5.6 Billion Snack Food Deal
The maker of Jif peanut butter, Smuckers jelly and Folgers coffee is expanding its snack food empire to include the producer of the iconic Twinkie in a $5.6 billion deal that will see Hostess Brands bought by J.M. Smucker, the company said Monday. The J. M. Smucker Co. will buy Hostess for $34.25…
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