J.M. Smucker Co. agreed to accumulate Twinkies maker Hostess Manufacturers Inc. for about $5.6 billion, furthering a rising consolidation pattern among the many firms that inventory the shelf-stable aisles on the coronary heart of supermarkets. Bloomberg’s Isaelle Lee has extra on “Bloomberg The Open.”
Observe Bloomberg for enterprise information & evaluation, up-to-the-minute market information, options, profiles and extra: http://www.bloomberg.com
Join with us on…
Twitter: https://twitter.com/enterprise
Fb: https://www.fb.com/bloombergbusiness/
Instagram: https://www.instagram.com/quicktake/?hl=en