J.M. Smucker (SJM) is nearing a deal to buy Hostess Brands (TWNK), likely worth “something in the neighborhood of $4B,” and a deal could be announced as soon as Monday, people familiar with the matter tell The Wall Street Journal, Lauren Thomas and Jesse Newman report. General Mills (GIS) also competed to buy Hostess, according to the report.
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- J.M. Smucker (NYSE:SJM) Acquires Twinkies-Owner Hostess Brands in a $5.6 Billion Deal
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