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 rival.
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 ...
(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 ...
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 ...
UniFirst Corporation (NYSE:UNF) shares are trading higher after the company reported first-quarter results. Quarterly sales of $604.91 million missed the analyst consensus of $606.62 million.
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 ...
UniFirst reported Q1 2025 results with sales of $604.91M, operating income of $55.5M, and adjusted EPS of $2.40. Cintas offered to acquire UniFirst for $275/share.
In a report released today, Toni Kaplan from Morgan Stanley maintained a Hold rating on Cintas (CTAS – Research Report), with a price target of ...