M&A/Shareholder vote/2026/Nathan's Famous, Inc.

Nathan's Famous, Inc. NATH

Smithfield Foods, Inc. bought Nathan's Famous, Inc. (NATH) for $102.00 cash a share, a deal worth $485M, completed Oct 26, 2026. Markets the Nathan's Famous brand and sells products bearing its trademarks through restaurants, retail, and licensing, including its World Famous Beef Hot Dogs and crinkle-cut French fries.

Holders get
$102.00 cash
Deal value
$485M
Expected close
Not given
Status
Completed
See the filing →

Filed

The deal

Smithfield Foods, Inc. is buying Nathan's Famous, Inc. (NATH), which markets the Nathan's Famous brand and sells products bearing its trademarks through restaurants, retail, and licensing, including its World Famous Beef Hot Dogs and crinkle-cut French fries. Each holder gets $102.00 in cash per share.

The deal is expected to close as promptly as practicable following the Effective Time. It requires Company Stockholder Approval, HSR waiting period expiry, CFIUS Clearance, and absence of Company Material Adverse Effect.

What has happened

Agreement signed · Nathan's Famous entered into an Agreement and Plan of Merger with Smithfield Foods and Boardwalk Merger Sub Inc. for $102.00 per share in cash. · See the filing
Holders sent the terms and a meeting date
Holders approved the deal · Stockholders approved the merger agreement with Smithfield Foods, with 3,229,773 votes for, 28,025 against, and 18,213 abstentions on the Merger Proposal. · See the filing
Deal completed · See the filing

The board says

FOR the Merger Proposal