Hostess acquisition seen boosting company sales by $650 million during the rest of fiscal 2024.

Will fold Hostess brands into new strategic business area.

J.M. Smucker completes acquisition of snack cakes maker.
 

Offer had been set to expire at 12 a.m. EST on Nov. 7.

Undisclosed Party A spent months pursuing Twinkies maker.
 

The Metropoulos investment of $410 million in a business nearly left for dead has blossomed into a company with a market capitalization of $4.45 billion. 

Smucker acquired Sahale Snacks in 2014.

Cowen and Co. rates J.M. Smucker as ‘outperform.’
 

C-store opportunities come with $5.6 billion transaction.

Uncrustables, Jif power results in first quarter.