‘Convenient food’ key to Smucker’s rationale for acquiring Hostess
‘Convenient food’ key to Smucker’s rationale for acquiring Hostess ORRVILLE, OH — How fortunate for J.M. Smucker Co. that Hostess Brands, Inc. expressed interest in a possible transaction. On September 11, Orrville-based J.M. Smucker stated that it was paying around $5.6 billion, which included over $900 million in net debt, to acquire Lenexa, Kansas-based Hostess … Read more