For Cintas, a deal would allow the combined companies to serve more customers and make greater use of its recent investments ...
Cintas on Tuesday proposed to buy UniFirst for about $5.3 billion, after its repeated overtures to take over the uniform supplier were rejected by the company's board. Cintas said it had offered $275 ...
Cintas has made a proposal to acquire a competitor for $5.3 billion and isn’t giving up even though that company’s board has rejected its offer. STORY HIGHLIGHTS Cintas has proposed a $5.3 ...
Mason-based corporate uniform giant Cintas (Nasdaq: CTAS) publicized the offer Tuesday, Jan. 7, in an effort to get UniFirst shareholders to push its board to consider it. Cintas offered to pay ...
Smith Collection / Gado / Getty Images Cintas shares tumbled Thursday as the provider of uniforms and other business supplies reported a decline in direct sales of its uniforms and warned about ...
(Reuters) -Uniform supplier UniFirst on Tuesday rebuffed again a takeover proposal from Cintas that valued the firm at $5.3 billion and said that it was confident of its strategy as a standalone ...
Based on company filings, we believe Cintas and UniFirst hold around 40% and 13% share of the uniform rental market, respectively. A combination would make Cintas by far the largest provider in a ...
Generally, Cintas locks customers into five-year uniform rental contracts with built ... occurrence of missing a delivery or messing up an order, both of which can derail the operations of its ...
The company went public with its offer Tuesday morning after it said UniFirst’s board refused multiple times to engage further on any deal talks. The Wall Street Journal earlier reported on the ...
Jan 7 (Reuters) - Uniform supplier UniFirst (UNF.N), opens new tab on Tuesday rebuffed again a takeover proposal from Cintas (CTAS.O), opens new tab that valued the firm at $5.3 billion and said ...