{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-005905","form_type":"8-K","ticker":"SFD","cik":"0000091388","company_name":"SMITHFIELD FOODS INC","filed_at":"2026-01-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.018741+00:00","generated_at":"2026-05-16T09:27:12.800697+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Smithfield Foods to acquire Nathan's Famous for $102/share in ~$450M cash deal","bullets":["All-cash consideration of $102.00 per share; enterprise value approximately $450 million.","Valuation of ~12.4x LTM adjusted EBITDA, ~10.0x post-synergies; annual cost synergies of ~$9M by year two.","Smithfield had exclusive license since March 2014; acquisition secures Nathan's Famous brand into perpetuity.","Stockholders representing ~29.9% of outstanding shares have agreed to vote in favor via voting agreement.","Transaction subject to shareholder approval, HSR, CFIUS clearance; expected to close in 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-005905","json":"https://secwatch.observer/filing/0001213900-26-005905.json","markdown":"https://secwatch.observer/filing/0001213900-26-005905.md","text":"https://secwatch.observer/filing/0001213900-26-005905.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/91388/000121390026005905/0001213900-26-005905-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/91388/000121390026005905/ea0273493-8k_smith.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T09:27:12.800697+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"13bf9c3c0cf2ce6efb97a3768beead7c0b26dac1","claim":"SMITHFIELD FOODS INC entered into Agreement and Plan of Merger with Nathan's Famous, Inc. and Boardwalk Merger Sub Inc. (effective 2026-01-20).","evidence_excerpt":"On January 20, 2026, Smithfield Foods, Inc. (“ Smithfield ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Nathan’s Famous, Inc. (“ Nathan’s ”), and Boardwalk Merger Sub Inc., a wholly owned subsidiary of Smithfield (“ Merger Sub ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/91388/000121390026005905/0001213900-26-005905-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Nathan's Famous, Inc. and Boardwalk Merger Sub Inc."},{"label":"Effective","value":"2026-01-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}