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Orville-based JM Smucker to buy Hostess for $5.6 billion - Vimarsana News

Orville-based JM Smucker to buy Hostess for $5.6 billion

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

Source: wkyc.com
JB Smucker to acquire Twinkies maker Hostess for $5.6B - Vimarsana News

JB Smucker to acquire Twinkies maker Hostess for $5.6B

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 is being acquired by JM Smucker in a deal valued at $5.6B - Vimarsana News

Hostess is being acquired by JM Smucker in a deal valued at $5.6B

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

Snack maker Hostess to be acquired by J.M. Smucker in a deal valued at $5.6 billion - Vimarsana News

Snack maker Hostess to be acquired by J.M. Smucker in a deal valued at $5.6 billion

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 is being acquired by JM Smucker in a deal value... - Vimarsana News

Hostess is being acquired by JM Smucker in a deal value...

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