Menu Close

Iconic Coney Island hot dog hawker Nathan’s Famous is sold for $450 million

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.  Smithfield, which has held rights to produce and sell Nathan’s products in the U.S., Canada and at Sam’s Clubs i…