homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

January 22, 2026

‘Famous' hot dogs sold for $450M

NEW YORK (AP) — Nathan's Famous, which began 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 a $450 million all-cash deal, the companies announced Wednesday.

Smithfield, which has held rights to produce and sell Nathan's products in the U.S., Canada and at Sam's Clubs in Mexico since 2014, will acquire all of Nathan's outstanding shares for $102 each.


 
. . .


To read this story in full login or purchase a subscription.




Email or user name:
Password:
 
Forgot password? Click here.