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CNBC's Jim Cramer and David Faber discuss news from J.M. Smucker and Hostess.
Hostess Brands Inc (NASDAQ: TWNK) opened roughly 20% up on Monday after J M Smucker Co (NYSE: SJM) said it will buy the bakery company for about $5.6 billion. Hostess Brands stock valued at a premium
J.M. Smucker Co. agreed to acquire Twinkies maker Hostess Brands Inc. for about $5.6 billion, furthering a growing consolidation trend among the companies that stock the shelf-stable aisles at the
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.
Shares of Hostess Brands Inc. TWNK, +0.86% jumped more than 10% after The Wall Street Journal reported late Sunday that J.M. Smucker Co. SJM, +0.88% is close to a roughly $4 billion deal to acquire th
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