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Prospect News home > News index > List of issuers N > Headlines for Nathan’s Famous, Inc. > News item
Published on 10/23/2009 in the Prospect News Special Situations Daily.

Nathan's Famous executive chairman reports ownership interest of 17.3%

By Lisa Kerner

Charlotte, N.C., Oct. 23 - Nathan's Famous, Inc.'s executive chairman, Howard M. Lorber, exercised options to acquire 250,000 shares from the company on Oct. 21 for $3.34 per share, or a total of $835,950, according to a schedule 13D/A filed with the Securities and Exchange Commission on Friday.

Lorber beneficially owns 971,600 shares, or 17.3%, of the Westbury, N.Y., quick-service restaurant operator's outstanding stock.


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