Cintas-Targeted Uniform Supplier UniFirst Reports Mixed Q1 Results; Adjusts Annual Revenue Outlook
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.
Cintas (CTAS) Gets a Buy from Truist Financial
Truist Financial analyst Jasper Bibb assigned a Buy rating to the stock today. The company’s shares closed yesterday at $188.72.Stay Ahead of ...
Sell Rating on Cintas Due to Valuation Concerns and Acquisition Uncertainty
Cintas (CTAS – Research Report), the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Jason Haas CFA from ...
Cintas launches $5.3B hostile takeover bid for Massachusetts rival UniFirst
Mason-based uniform provider Cintas on Tuesday launched a $5.3 billion hostile takeover bid for UniFirst, a Massachusetts ...
Cintas proposes acquisition of competitor UniFirst in multibillion-dollar deal, but target objects
Cintas offered to pay Wilmington, Mass.-based UniFirst (NYSE: UNF) shareholders $275 per share in an all-cash deal valued at ...
Cintas Makes $5.1 Billion Takeover Offer for Uniform Supplier UniFirst
For Cintas, a deal would allow the combined companies to serve more customers and make greater use of its recent investments ...
Cintas offers to buy uniform supplier UniFirst for $5.3 billion
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 ...