Smithfield Foods acquires Nathan's Famous in a $450 million all-cash deal announced Jan. 21, 2026, at $102 per share, securing perpetual rights to the iconic hot dog brand amid inflation pressures and ...

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 ...

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

Smithfield Foods acquires the iconic Coney Island hot dog brand, ensuring the survival of a century-old American culinary institution.

Futures for the S&P 500 and the Dow Jones Industrial Average each ticked down 0.1% before the bell, while Nasdaq futures ...

Nathan’s Famous, the iconic hot dog brand that started with a stand on New York, has been purchased by Smithfield Foods for $450 million. And to answer that one important question: Yes, the annual ...