Page 33 - Bumble Bee News Today

JM Smucker acquires Lenexa-based Hostess... scientists say climate change is making fall weather warmer in Kansas... a grant from the CDC will help Kansans with Alzheimer's... and a Kansas Senator says he'll support a government shutdown if Congress can't reduce deficit spending. More details inside.

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, the maker of snack classics like Twinkies and HoHos, is being sold to J.M. Smucker in a deal worth about $5.6 billion. Smucker, which makes everything from coffee to peanut butter and jelly, …

JM Smucker agreed to purchase the snack maker, which has invested more than $120 million in a "bakery of the future" in Clark County.

Hostess, the maker of snack classics like Twinkies and HoHos, is being sold to J.M. Smucker in a cash-and-stock deal worth about $5.6 billion. Smucker, which makes everything from coffee to peanut butter and jelly, will pay $34.25 per share in cash and stock, and it will also pick up approximately $900 million in net debt. In addition to Twinkies, Hostess makes CupCakes, DingDongs and Zingers, and also Voortman cookies.

Twinkies went big when Hostess put them on shelves in 1930, and it followed up with a string of sweet concoctions like DingDongs, Zingers and Sno Balls.

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.

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

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.

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.