CONEY ISLAND – ICONIC HOT DOG brand Nathan’s Famous has been purchased by packaged meat producer Smithfield Foods at a cost of $102 per share, for a total of around $450 million, CBS News reports.

Nathan’s Famous, an iconic American hot dog maker that opened its first store in Coney Island more than a century ago, was sold to a Chinese-based pork producer for $450 million. The all-cash deal was ...

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 ...

Nathan’s Famous, an iconic American hot dog maker that opened its first store in Coney Island more than a century ago, was sold to a Chinese-based pork producer for $450 million. “The Nathan’s Famous ...