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“Smucker agrees to buy Twinkies maker Hostess Brands for $5.6 billion”

“Jelly maker J.M. Smucker is buying Twinkie owner Hostess Brands for $5.6 billion, or $34.25 a share. Hostess shareholders will receive $30 in cash and .03002 share of Smucker’s stock for each share of Hostess that they owned. Smucker has also agreed to assume… Continue Reading…