Nathan’s Famous, which opened as a 5-cent hot dog stand in Coney Island more than a century ago, has been sold to packaged meat giant Smithfield Foods in an all-cash $450 million deal, the companies ...

Smithfield Foods purchased Nathan’s for $450 million in cash.

The Chinese pork producer will be buying the hot dog maker and owner of the Nathan’s Famous chain for $102 per share.

Pork processor Smithfield Foods has agreed to acquire Nathan’s Famous for $102 per outstanding share in cash, representing approximately $450 million.

Landmark Coney Island hot dog chain Nathan’s Famous is being sold to meat packaging company Smithfield Foods for $450 million, the companies announced Wednesday.

Smithfield Foods leverages its cash reserves to acquire Nathan's Famous in a strategic move that secures brand ownership and ...

Smithfield’s acquisition of Nathan’s Famous puts fresh focus on protein, price and why hot dogs may be overdue for a category reset.

An international business whose primary focus in Sioux Falls is pork will merge with a food company known for its beef hot ...

Nathan’s Famous, the Coney Island hot dog institution that grew from a single stand into a global brand, has been sold to ...

Nathan’s Famous, the Coney Island institution known for its hot dogs, has been sold to meat packaging company Smithfield Foods for $450 million, the company announced Wednesday. Smithfield’s had an ...

Nathan’s Famous, which opened as a 5-cent hot dog stand in Coney Island more than a century ago, has been sold to packaged meat giant Smithfield Foods in an all-cash $450 million deal, the companies ...