For Cintas, a deal would allow the combined companies to serve more customers and make greater use of its recent investments ...
Mason-based uniform provider Cintas on Tuesday launched a $5.3 billion hostile takeover bid for UniFirst, a Massachusetts ...
CINCINNATI (Cincinnati Business Courier) - Cintas Corp. has made a proposal to acquire rival UniFirst for $5.3 billion and isn’t giving up even though that company’s board has rejected its offer.
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 ...
We’ve left Cintas’ fair value estimate unchanged to reflect the uncertainty of a successful acquisition. Based on company filings, we believe Cintas and UniFirst hold around 40% and 13% share ...
Cintas sent a proposal to UniFirst’s board offering $275 a share, the company said in a statement . That’s 62% higher than Monday’s closing price. Cintas delivered the proposal on Nov. 8, ...
Corporate apparel company Cintas Corporation (NASDAQ:CTAS) shares are trading lower on Thursday after it reported second-quarter earnings. Quarterly sales of $2.56 billion (+7.8% Y/Y) were in line ...
Robert W. Baird decreased their target price on shares of Cintas from $209.00 to $200.00 and set a “neutral” rating for the company in a research report on Friday. Truist Financial dropped ...
11:06 EST UniFirst ( UNF ): Cintas ( CTAS) proposal ‘not in best interests’ of company, shareholders Published first on TheFly – the ultimate source for real-time, market-moving breaking financial ...