Nathan's Famous Bought Out for a Cool $450 Million [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 fast-food company's top dogs must really be relishing the all-cash deal, too -- they sold Nathan's for a cool $450 million, The Associated Press reports. FYI ... Nathan's Famous started out in 1916 as a hot dog stand in Coney Island, Brooklyn, New York. The family of the founder of Nathan's Famous sold the business to investors just over seven decades later, and it's grown ever since then. The founder's name is Nathan Handwerker , BTW. As you know, Nathan's Famous hosts an annual hot dog-eating contest every Fourth of July in Coney Island, where glizzy gladiators like Joey Chestnut and Takeru Kobayashi wolf down dogs in heart-stopping amounts. Chestnut's won 17 out of 19 of the last competitions, setting a world record in 2021 after knocking back 76 hot dogs and buns. We got scared Nathan's Famous was closing when we first heard the news ... it sounded like our wurst nightmare!
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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
- 110-year-old hot dog chain just sold its entire business [Yahoo! Finance]Yahoo! Finance
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