this post was submitted on 11 Sep 2023
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Twinkies are sold! J.M. Smucker scoops up Hostess Brands for $5.6 billion (www.npr.org)
submitted 2 years ago by mike591@kbin.social to c/news@kbin.social
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For Hostess, the deal with the peanut-butter-and-jelly conglomerate is a sweet win after not one, but two bankruptcies.

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[–] dingus@lemmy.ml 4 points 2 years ago* (last edited 2 years ago)

Ah yes, just in time to fuck up the recipes even more through cost cutting!

Not to say that the original Twinkie recipe wasn't just some kind of industrial waste, but you get my drift. These kind of buyouts literally never result in a higher quality product. It's just one more thing for J.M. Smucker to drive into the ground for profit.