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Sep 11, 2023 · Twinkie maker Hostess Brands is getting bought by J.M. Smucker as it spreads its peanut butter and jelly empire. The value of the deal - $5.6 billion. NPR's Alina Selyukh reports.
Aug 28, 2023 · A deal for Hostess likely isn't imminent, but the company has reportedly retained Morgan Stanley to run point on the process. Shares of Hostess Brands surged 22% on Friday's session. The stock...
- Brian Sozzi
- 6 min
Aug 25, 2023 · NEW YORK, Aug 25 (Reuters) - Hostess Brands Inc (TWNK.O), the maker of Twinkies snack cakes, is exploring a sale after fielding takeover interest from major snack food makers, people familiar...
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Sep 11, 2023 · J.M. Smucker agreed to acquire Twinkies maker Hostess Brands for about $5.6 billion, furthering a growing consolidation trend among the companies that stock the shelf-stable aisles at the...
Aug 28, 2023 · In two sentences to Yahoo Finance Live earlier this year, Hostess Brands CEO Andy Callahan summed up why the Twinkie-maker he turned around may be the subject of buyout interest from packaged food ...
Aug 28, 2023 · Reuters reported on Friday that PepsiCo ( PEP ), Mondelez ( MDLZ ), General Mills ( GIS ), and Hershey ( HSY) have expressed interest in Hostess Brands. Mondelez could be the name to watch —...
Aug 28, 2023 · Twinkies maker Hostess is reportedly for sale. Hostess Brands is exploring a sale, after it received takeover interest from rival snack-makers like General Mills, PepsiCo and Mondelez, according to Reuters. Why it matters: Hostess, like its iconic Twinkies, has an uncommonly long shelf life.