JM Smucker Acquired Hostess In A Deal That Was Valued At 5.6 Billion Dollars After Coming Back From The Brink
Smucker, whose products include coffee, peanut butter, and fresh jelly, is just paying $34.25 in cash and stock. The company will also assume this as the approximate $900 million of net debt. Hostess Brands Inc. shareholders will get $30 in cash for each share of Hostess Brands Inc., and $0.03002 in stock for each share …