Cintas delivered its $275/Share Proposal to UniFirst In November; UniFirst rejected Proposal, without any further engagement. Cintas pushes for discussions, emphasizing strategic benefits ...
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 ...
(RTTNews) - Cintas Corporation (CTAS) Tuesday announced said it has proposed to acquire UniFirst Corporation (UNF) for a total value of about $5.3 billion. Cintas has proposed to acquire all ...
While releasing its second-quarter results in December 2024, Cintas said its fiscal year 2025 interest net is expected to be approximately $101.0 million compared to $95.0 million in the fiscal ...
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.
Yesterday, Cintas Corporation submitted a proposal to acquire all outstanding shares of UniFirst for $275 per share in cash. This offer, which represents a 46% premium to UniFirst’s ninety-day ...
UniFirst Corp. shares jumped after Cintas Corp. said it made an offer that values the uniform maker at about $5.3 billion. Cintas sent a proposal to UniFirst’s board offering $275 a share ...
CINCINNATI, December 19, 2024--Cintas Corporation (Nasdaq: CTAS) today reported results for its fiscal 2025 second quarter ended November 30, 2024. Revenue for the second quarter of fiscal 2025 ...
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 ...
Shares of professional uniform company Cintas (NASDAQ: CTAS) plunged 9.3% on Thursday as of 12 p.m. EDT. Cintas has been a long-term winner in the market and, prior to the past week, had been up ...