Hostess stock soars on acquisition from J.M. Smucker

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Hostess Brands (TWNK) shares soar as J.M. Smucker (SJM) announces it will be acquiring the company in a $5.6 billion deal, including debt. Yahoo Finance Live breaks down the acquisition.

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J.M. Smucker to Buy Twinkies Maker Hostess for $5.6 BillionJ.M. Smucker Co. agreed to acquire Hostess Brands Inc., the maker of Twinkies snack cakes, for about $5.6 billion, including $900 million in debt.
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