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 ...

Smithfield Foods purchases Nathan's Famous in a major food industry acquisition for $102 per share, resulting in a $450 ...

Jan 21 (Reuters) - U.S. pork processor Smithfield Foods will buy century-old Nathan's Famous in a $450 million deal that adds ...

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

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

Smithfield Foods Inc. will acquire hot-dog brand Nathan's Famous in a $450 million deal, according to a press release.

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

But before we tear into the deal, and while we're still waving goodbye to hot dog royalties, let's take a quick detour ...