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Pork processor Smithfield Foods said Wednesday it is gobbling up iconic hot-dog brand Nathan’s Famous in a $450 million deal. Smithfield – a Chinese-owned food processor based in Virginia – will pay $102 a share to add the century-old brand to its portfolio, a nearly 10% premium on Nathan’s close on Tuesday. Smithfield has held an exclusive license to manufacture and sell Nathan’s Famous products, including its hot dogs, sausages and corned beef, in the US and Canada and at Sam’s Club stores in Mexico since 2014. That license had been set to expire in 2032. Nathan’s Famous is known...

It looks like a case of wiener take all. Nathan’s Famous, an iconic American hot dog maker and fast-food chain, was sold to Smithfield Inc., a Chinese-owned pork producer, in a $450 million all-cash deal. The two companies announced the merger in a statement Tuesday. Smithfield Foods will acquire all of Nathan’s Famous shares for $102 each, according to the announcement. "The Nathan’s Famous acquisition is a meaningful step in the progression of Smithfield Foods allowing us to own all of the top brands in our packaged meats portfolio," Shane Smith, Smithfield CEO and president, said in the statement. Smithfield...

Nathan’s Famous — the century-old hot dog brand synonymous with Coney Island and Fourth of July excess — has been sold for $450 million to Chinese-owned Smithfield Foods.

For all the talk about artificial intelligence and quantum supremacy, the fate of civilizations still depends on breakfast. ChatGPT can’t grow corn. Empires rise on stomachs as much as on silicon. And America’s food system – long dismissed as safe and self-sufficient – has quietly become a front line in the US-China rivalry. We act as if lunch is inevitable, but Beijing knows that food is power. A new report from the America First Policy Institute should wake us up. Washington long treated agriculture as a post-political space where globalization could do no harm, and was therefore happy to let...

Los Angeles Rams linebackers Bobby Wagner and Takkarist McKinley tackled an animal rights activist who disrupted the team’s game against the San Francisco 49ers during Monday Night Football. Just before halftime, a member of Direct Action Everywhere, an animal rights group, who were attending Monday night’s game ran across the 49ers Levi’s Stadium with a device releasing red and pink smoke to raise awareness about a massive pig factory farm allegedly hiding its abuses inside the facility. The nonprofit reports Allison Fluty and Alex Taylor were cited, with one still in police custody, after running onto the field at separate...

A Smithfield Foods pork processing plant in Sioux Falls, South Dakota, was visited by representatives from its Chinese Communist Party-tied parent company one month before the first COVID-19 case was confirmed at the facility, according to three employees. After the first illness was confirmed at the plant on March 26, the facility quickly became the epicenter of the state’s outbreak of the CCP (Chinese Communist Party) virus, commonly known as the novel coronavirus. South Dakota Gov. Kristi Noem wrote in an April 11 letter that 238 plant employees had contracted the virus, accounting for 38 percent of the state’s confirmed...

Virginia-based Smithfield Foods announced Sunday that it is closing its pork processing plant in Sioux Falls until further notice after hundreds of employees tested positive for the coronavirus — a step the head of the company warned could hurt the nation’s meat supply. The announcement came a day after South Dakota Gov. Kristi Noem and Sioux Falls Mayor Paul TenHaken wrote to Smithfield and urged the company to suspend operations for 14 days so that its workers could self-isolate and the plant could be disinfected. The plant, which employs about 3,700 people in the state’s largest city, has become a...

50K Pounds of Meat Destroyed After Employee Caught Peeing at Workstation 10-18-18 CONTRIBUTORS Eric Sorensen, David Mantey Founded in 1936, Smithfield Foods is a food manufacturer based out of Virginia that is "passionate about producing good food the right way."

The husband of a Harlingen woman who became the first American to die of the swine flu virus wants to know if the operators of the pig farm where it is believed that virus originated are responsible for his wife's death. Steven Trunnell filed a petition Monday in Cameron County on behalf of his late wife Judy Dominguez Trunnell, 33, a Mercedes special education teacher, who died May 5 as a result of the H1N1 virus or swine flu. The Mercedes teacher was eight months pregnant when she developed flu-like symptoms. She gave birth by Ceaserean section to a baby...

Happened to read People.com to see what kind of "balanced" press People has given the McCains (of course, none... or not as much as the Messiah) and saw that Mrs. Messiah is on Paula's Party the 20th of Sept) This after she had "Mr. Jimmy" on a while back. The "wrinkly, white haired woman" needs to be Freep'd, boycotted, shown the door. And Smithfield Foods needs to fire her as a spokesperson due to flagrant BIAS! Have at it...