Smithfield Foods, Inc. has completed its acquisition of Nathan’s Famous, Inc., merging the company into a subsidiary and taking it private. At the effective time on October 26, 2026, each outstanding share of common stock was canceled and converted into $102.00 in cash, less applicable withholding taxes. The transaction triggered a change in control, resulting in the delisting of Nathan’s Famous from Nasdaq and the termination of its SEC reporting obligations. All directors ceased their roles, and the company's certificate of incorporation and by-laws were amended and restated. Nathan’s Famous operates as a manufacturer and distributor of hot dogs, sausages, and related food products.
