(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 ...
For Cintas, a deal would allow the combined companies to serve more customers and make greater use of its recent investments ...
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.
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 ...
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.
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 ...
(Reuters) -Uniform rental company Cintas said on Tuesday it has submitted an offer to buy UniFirst, valuing the uniform supplier at about $5.3 billion. Cintas has offered to pay $275 for each ...