secwatch.observer — SEC 8-K summary
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Issuer:     J M SMUCKER Co (SJM)
CIK:        0000091419
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001193125-23-272302
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

J.M. Smucker completes Hostess Brands acquisition, expanding sweet baked snacks
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- Deal closed Nov 7, 2023; Hostess Brands becomes wholly owned subsidiary of J.M. Smucker.
- Consideration per Hostess share: $30.00 cash + 0.03002 SJM shares, plus cash for fractional shares.
- 52.1% of Hostess shares tendered by expiration; additional 16.64% via guaranteed delivery procedures.
- Acquired brands include Hostess (Twinkies, Donettes, etc.) and Voortman; six manufacturing facilities and ~3,000 employees.
- Financial impact to be detailed when Smucker reports Q2 fiscal 2024 results on Dec 5, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91419/000119312523272302/0001193125-23-272302-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91419/000119312523272302/d541499d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-272302

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