110-year-old hot dog chain just sold its entire business [Yahoo! Finance]
Nathan's Famous, Inc. (NATH)
US:NASDAQ Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=113414&p=irol-irhome
Company Research
Source: Yahoo! Finance
The place is nothing fancy, just a simple yellow-and-red storefront with green-and-white striped awnings and a huge white-and-green sign, but the smell of sizzling hot dogs is enough to draw millions of families in, turning it into an unmissable tradition for many. Founded in 1916, few could have predicted that what began as a small hot dog stand on Coney Island would grow into a global brand, renowned for its kosher beef hot dogs and for hosting the first-ever major hot dog-eating contest, now an annual Fourth of July spectacle. Today, the company sells its products in thousands of stores and operates hundreds of restaurants worldwide. After more than a century of success and becoming a New York icon, the company is now taking a major step that could reshape its future for years to come. Smithfield Foods has agreed to acquire Nathan's Famous (NATH) for approximately $102 per outstanding share in cash, valuing the deal at about $450 million, according to a press release Smith
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NATH
News
- NATH Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Nathan’s Famous to Smithfield FoodsGlobeNewswire
- Halper Sadeh LLC Encourages NATH, VTYX, SKYT Shareholders to Contact the Firm to Discuss Their RightsPR Newswire
- Hot Dog Chain Sends MAGA Into Total Meltdown [Yahoo! Finance]Yahoo! Finance
- Iconic Nathan's Famous hot dogs sold in $450 million deal [Yahoo! Finance]Yahoo! Finance
- Nathan’s Famous Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Nathan’s Famous, Inc. - NATHBusiness Wire
NATH
Sec Filings
- 1/21/26 - Form SCHEDULE
- 1/21/26 - Form DEFA14A
- 1/21/26 - Form 8-K
- NATH's page on the SEC website