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Twinkies Are Worth Way More Than We Thought

The J.M. Smucker Company is betting big on snack cakes. The company we know for its flagship brand, Smucker’s (PB&J for life!), just muscled its way into snacks in a big way. The corporation has acquired Hostess Brands for a filthy amount of cash—did you know Twinkies were worth $5.6 billion?
Gores Group Jm Smucker Company Hostess Brands Hostess Cupcakes Ding Dongs Mini Muffins
Source: yahoo.com

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