We are investigating the fairness of the proposed sale of Nathan’s Famous, Inc. (Nasdaq: NATH) (“NATH”) for $102.00 per share in cash to Smithfield Foods.
The sale price is well below NATH’s 52-week high of $118.50 per share, which indicates an opportunistic purchase.
If you remain a NATH shareholder and have concerns about the fairness of the sale price, you may contact our firm to discuss your legal rights at no charge by completing and submitting the form below.
Why is there an investigation?
On January 21, 2026, NATH announced that it had agreed to be sold for $102.00 per share in cash to Smithfield Foods.
The sale price is well below NATH’s 52-week high of $118.50 per share, which indicates an opportunistic purchase.
“We are investigating whether the NATH board of directors acted in the best interests of NATH shareholders in recommending the merger,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the sale price is fair to NATH shareholders, and whether all material information regarding the transaction has been fully disclosed, including all conflicts.”