Filing Flows › Nathans Famous (NATH) › Takeover & LBO
Is Nathans Famous (NATH) a takeover target?
A leveraged buyout does not work for Nathans Famous on its latest figures: the figures a buyout model needs (revenue, EBITDA, the share count and the price) are not all on file. Latest signal (2026-10-26): LORBER HOWARD M (?%): On October 26, 2026 (the "Closing"), pursuant to the Agreement and Plan of Merger, dated January 20, 2026 (the "Merger Agreement"), by and among Smithfield Foods, Inc., a Virginia corporation (the "Buyer"), Boardwalk Mer.
Why a leveraged buyout does not fit
The buyout model needs Nathans Famous' revenue, EBITDA, share count and share price; not all of them are on file, so it gives no buyout price.
What a takeover could cost
Takeovers on record paid a median premium of 32.5% over the share price before the deal (the middle half 20% to 51.8%), according to the 1,437 merger proxies and tender-offer responses on EDGAR that state a premium.
Rumors and deal signals
- 2026-10-26 · 13D · LORBER HOWARD M (?%): On October 26, 2026 (the "Closing"), pursuant to the Agreement and Plan of Merger, dated January 20, 2026 (the "Merger Agreement"), by and among Smithfield Foods, Inc., a Virginia corporation (the "Buyer"), Boardwalk Mer
- 2026-09-24 · deal · Agreed sale to the following section of this proxy statement entitled at $102.0 cash a share · pending
- 2026-09-24 · DEFM14A · Merger proxy (DEFM14A)
Nathans Famous' latest quarter
Nathans Famous, Q1 FY27: revenue $54.1M (+15% year over year), operating margin 23.4%, net earnings $8.8M, operating cash flow $949K. The chart follows the revenue to costs, profit and cash.
Questions
Is Nathans Famous being acquired?
The latest signal on file is from 2026-10-26: LORBER HOWARD M (?%): On October 26, 2026 (the "Closing"), pursuant to the Agreement and Plan of Merger, dated January 20, 2026 (the "Merger Agreement"), by and among Smithfield Foods, Inc., a Virginia corporation (the "Buyer"), Boardwalk Mer. A headline is not a deal; Filing Flows lists the news, 8-K filings and 13D filings about a sale.
Could private equity buy Nathans Famous?
A leveraged buyout does not work for Nathans Famous on its latest figures: the figures a buyout model needs (revenue, EBITDA, the share count and the price) are not all on file. The model gives no buyout price until they are.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.