Smuckers to Swallow Twinkies – IOTW Report

Smuckers to Swallow Twinkies

Washington Examiner

Smuckers announced a major acquisition on Monday, purchasing Hostess, the maker of Twinkies, for roughly $5.6 billion.

The acquisition of Hostess Brands will give the J.M. Smucker Company ownership over multiple products, including Donettes, Zingers, and Mini Muffins, and will also give the company ownership to multiple Hostess Brands manufacturing locations. Three thousand employees will also join the company through this transaction. More

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