J.M. Smucker will buy Hostess Brands in a deal valued at $5.6 billion. Smucker said the acquisition is expected to close in the third quarter of its current fiscal year.
Hostess, the maker of Twinkies and Ho Hos, is being purchased by J.M. Smucker in a $5.6 billion deal.
JM Smucker announced on Monday that it will acquire Hostess Brands in a $5.6 billion stock and cash transaction set to close by April 2024.
Here are some of the tickers on my radar for Monday, Sept. 11, taken directly from my reporter's notebook.
J.M. Smucker (NYSE: SJM ) stock is falling on Monday after the food and beverage company announced a massive $5.6 billion acquisition. According to a press release from the company, it plans to acquir
The maker of Twinkies is being sold to the owner of brands like Folgers, Jif and Dunkin.
Those gains ended a three and four day losing streak for the S&P and Nasdaq Composite, respectively.
Shares of Hostess Brands Inc. TWNK, +0.86% shot up 16.7% into record territory after the donuts and snacks company confirmed an agreement to be acquired by J.M Smucker Co. SJM, +0.88% in a cash and st
Hostess Brands Inc (NASDAQ:TWNK) stock surged around 13% and J.M. Smucker (NYSE:SJM) is closing in on a deal to buy the sweet-sponge finger company.
Shares jump 13% as Smucker, the food company famous for jams and jellies, said to buy it out for about $4 billion. That's according to a report by The Wall Street Journal.

J.M. Smucker Nears Deal to Buy Hostess

10:15pm, Sunday, 10'th Sep 2023
Deal marrying Twinkies owner with jelly maker could be finalized by Monday.
Stocks that offer shareholders great dividends are pretty rare. While it is true that about three-quarters (75%) of companies in the benchmark S&P 500 index pay a dividend, the average yield is only 1
J.M. Smucker Company (SJM) reported mixed first quarter results, but raised its profit forecast. CEO Mark Smucker told Yahoo Finance anchors Rachelle Akuffo and Brad Smith that "results were strong" a
Mark Smucker, J.M. Smucker CEO, joins 'Squawk on the Street' to discuss how much appetite there is for price increases in Smucker's business, how Smucker's looking at margins, and much more.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE