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Snack maker Hostess to be acquired by J M Smucker in a deal valued at $5 6 billion

The maker of snack classics like Twinkies and HoHos motored along for decades, but its struggles began to grow in this century, with workers blaming mismanagement and a failure to invest in brands to keep up with changing tastes.

Hostess is being acquired by JM Smucker in a deal value

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