Page 32 - Bumble Bee News Today

Hostess, the maker of snack classics like Twinkies and HoHos, is being sold to J.M. Smucker in a deal worth about $5.6 billion.

As part of the deal, Smucker will pick up Hostess' roughly $900 million of net debt.

Hostess, the maker of snack classics like Twinkies and HoHos, is being sold to J.M. Smucker in a deal worth about $5.6 billion.

Hostess Brands struggled for years and nearly vanished before it filed for Chapter 11 bankruptcy reorganization in early 2012.

The maker of snack classics like Twinkies and HoHos motored along for decades, but its struggles began to grow in this century, with workers blaming mismanagement and a failure to invest in brands to keep up with changing tastes.

Hostess, the maker of snack classics like Twinkies and HoHos, is being sold to J

The J.M. Smucker Company, more commonly known on jelly jars as Smucker's, announced the signing of an agreement Monday to acquire Hostess Brands, Inc., the creator of Twinkies, HoHos and other packaged treats.

Breaking News, Sports, Manitoba, Canada

The treat maker did well for decades, but its struggles began to grow recently as the brand struggled to keep up with changing tastes.

Hostess, the maker of snack classics like Twinkies and HoHos, is being sold to JM Smucker in a deal worth about $5.6 billion, reports the AP . Smucker, which makes everything...