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J.M. Smucker Co. is nearing a deal to get Twinkies maker Hostess Models Inc., the Wall Street Journal noted Sunday night.
In accordance to the Journal, which cited resources common with the matter, the acquisition could be well worth about $4 billion, and could be declared as before long as Monday.
Final month, Smucker
SJM,
raised its revenue forecast for the year, many thanks to rate increases. Apart from its eponymous jams and jellies, its manufacturers consist of Carnation, Jif, Knotts Berry Farm and Santa Cruz Organic.
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