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 ...
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 ...