J.M. Smucker taps corporate bond market to fund cash portion of Hostess Brands deal
J.M. Smucker Co. is tapping the investment-grade corporate bond market on Wednesday with a deal to finance its acquisition of Twinkies and HoHos maker Hostess Brands Inc. The parent to food brands including Folgers, Smuckers and Meow Mix SJM, announced the $5.6 billion cash-and-stock deal in…
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