Nathan's Famous completes merger, becomes wholly owned subsidiary of parent
NATH•Nathan's Famous completed its merger on October 26, 2026, becoming a wholly owned subsidiary of the buyer. Eligible shares converted into rights to merger consideration, and the company repaid its outstanding credit agreement obligations.
1. Merger completed
Nathan's Famous completed its merger on October 26, 2026, and became a wholly owned subsidiary of the buyer. Eligible common shares converted into rights to receive merger consideration, while outstanding stock options converted into cash entitlements based on their exercise prices. The company terminated its credit agreement, repaid outstanding principal, interest and fees, and secured the release of related guarantees.
