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

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 ...

CONEY ISLAND, Brooklyn -- 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 ...

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Like almost every food company, Nathan’s has been under significant inflationary pressure.

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.

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