Jin Rong Jie·2026-01-22 03:45Core Viewpoint - WH Group's subsidiary Smithfield Foods has signed a definitive merger agreement to acquire Nathan's Famous, Inc. for $102.00 per share in cash, representing an enterprise value of approximately $450 million [1] Group 1: Acquisition Details - Smithfield Foods will acquire all outstanding shares of Nathan's Famous, with the total enterprise value estimated at $450 million [1] - The acquisition price of $102.00 per share reflects a premium for Nathan's Famous shareholders [1] - The transaction is expected to be completed in the first half of 2026 [1] Group 2: Existing Relationship - Since March 2014, Smithfield Foods has held exclusive licensing rights for the Nathan's Famous brand in retail channels across the U.S., Canada, and Mexico [1] - The licensing agreement allows Smithfield to produce, distribute, market, and sell Nathan's Famous hot dogs, sausages, and other related products [1] - The current licensing agreement is set to expire in March 2032 [1]