JM Smucker will pay $30 cash and and .03002 common share for each Hostess Brands share, the companies said. The deal values the group at $34.25 a share, a 22% premium to its Friday closing price.

(Bloomberg) -- J.M. Smucker Co. agreed to acquire Twinkies maker Hostess Brands Inc. for about $5.6 billion, furthering a growing consolidation trend among the companies that stock the shelf ...

The maker of Twinkies faces a nearly $300,000 fine after a worker severed his fingertip in manufacturing equipment at a facility in Chicago, an injury that federal investigators said could have ...

SJM acquired the premier snacking company, Hostess Brands, in November 2023, which is expected to contribute sales worth roughly $650 million in fiscal 2024. In the third quarter of fiscal 2024 ...

Co-head of U.S. investment banking Matthew Stopnik takes on new role in leadership shakeup of capital markets division ...

Banana Puddin' Pie, Dolly Dazzler, Chocolate Crème Pie, and Peachy Keen Cobbler doughnuts all sound pretty delicious, but are ...

Kellogg's plan to sell off its Keebler and Famous Amos snack brands has attracted a crowd of bidders, with other food industry giants hungry for the potential $1.5 billion deal. Kellogg's plan to ...

The new hostess trend has also triggered a move where ... These girls are also used to push particular brands via their social media forums and attract the targeted high-end clients by announcing ...

The preppy trend of 2024 isn’t going anywhere—not if these shoes have anything to do with it. From the mule iterations at ...

One of my worst teenage memories was being dragged by a celebrated hostess across her glamorous room to meet ... so it was ...

SHE was a homeless teen mum, moving from one hostel to the next one and barely being able to afford the basic necessities. Fast-forward to 2024, and what once started as a side hustle has now made ...

The J.M. Smucker Co. (NYSE: SJM) will release its fourth quarter fiscal 2024 financial results on Thursday, June 6, 2024. A ...