Executives are racing to boost revenues at the struggling doughnut maker as sales slump and shares tumble.
Category: Hostess Brands
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Smucker’s Buys Twinkie Owner Hostess Brands for $5.6 Billion
J.M. Smucker, the maker of jellies, Jif peanut butter and Uncrustables, agreed to take over Hostess Brands, adding Twinkies, Ho Hos and Ding Dongs to its portfolio of snacks.