Smuckers gobbles up Twinkie owner Hostess in $5.6B snack food takeover

1 year ago 138

A man's hands grip a bundle of Twinkies snack cakes.

Food conglomerate J.M. Smucker said connected Monday it volition bargain Twinkies-maker Hostess Brands successful a $5.6 cardinal deal, arsenic large U.S. packaged nutrient companies look to grow their marque portfolios with pandemic-era fortunes dwindling.

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