The $450 million all-cash deal means Smithfield will acquire all of Nathan’s outstanding shares at $102 per share. Smithfield has held the rights to produce and sell Nathan’s products in the U.S. and ...

No changes are expected at the traditional Nathan's Fourth of July Hot Dog Eating Contest following the sale of the parent company. Smithfield Foods of Virginia, a subsidiary of the WH Group of China, ...

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 ...