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

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

The famed contest began in 1972 and will continue as an Independence Day tradition.

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 ...

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

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

Nathan’s Famous, the iconic hot dog brand that began as a 5-cent stand in Coney Island over a century ago, has been acquired ...

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The contest, formal or otherwise, have been going on for decades.

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