Press Release

Akerman announced the closing of the acquisition of its client Nathan's Famous, Inc. (Nasdaq: NATH) by Smithfield Foods, Inc. (Nasdaq: SFD), for $102 in cash per outstanding share, representing an enterprise value of approximately $450 million.  As previously announced, Akerman represented Nathan's Famous, Inc. in the transaction.

The Akerman team advising Nathan's Famous was led by Corporate Partners Wayne Wald, Chair, Restaurant Sector Team, and Palash Pandya, Co-Deputy Chair, Corporate Practice Group, and included key support from:

About Akerman
Founded in 1920, Akerman is an Am Law 100 firm recognized by Vault among the nation’s most prestigious law firms. The firm has more than 700 lawyers and business professionals throughout the United States.

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