Hostess Gains 20% on Acquisition Rumors – Should You Ride the Hype and Buy TWNK?

By |2023-12-07T19:53:04+00:00September 11th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , |

Rumors have been circulating since August that Hostess Brands (TWNK) has been looking for a buyer. The latest update is that JM Smucker, the maker of Jif peanut butter, is preparing for a takeover that could cost as much as $5 billion. Reuters first reported the news that the famous Twinkie manufacturer had been [...]