Nathan, hot dog contest and Chinese ownership
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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 a $450 million all-cash deal.
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The Nathan's Famous hot dog brand was sold in a massive all-cash deal — here's for how much
How much would you pay for Nathan's Famous hot dogs? This meat packaging company forked over a massive amount of bacon to acquire the iconic hot dog brand.
Smithfield Foods Inc. said it would acquire legendary hot dog brand Nathan’s Famous in a deal valued at about $450 million, securing the rights to a key product in its business’s largest segment.
Nathan's Famous, the fast food restaurant known worldwide for its annual Fourth of July hot dog eating contest, has opened on North Fourth Avenue.