STORY HIGHLIGHTS Cintas has proposed a $5.3 billion acquisition of UniFirst. UniFirst's board rejected the offer. The Cintas bid is 46% above UniFirst's average stock price. Cintas Corp. has made ...

Cintas is proposing to pay $275 per share for all of Unifirst’s outstanding common and Class B shares, according to the report.

Cintas (CTAS) on Tuesday went public with its attempt to acquire smaller uniform rental company UniFirst (UNF) in a potential all-cash deal worth roughly $5.3 billion. Cintas has proposed to purchase ...

January 7th was a very exciting day for shareholders of UniFirst Corporation (NYSE:UNF). Shares of the company rose around 20% after news broke that a larger competitor, Cintas Corporation (NASDAQ ...

CINCINNATI, January 07, 2025--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) today announced that it submitted a proposal to the Board of Directors of UniFirst Corporation (NYSE: UNF ...

After months of secret unsuccessful negotiations, Mason-based uniform provider Cintas on Tuesday launched a $5.3 billion hostile takeover bid for UniFirst, a Massachusetts rival. Cintas revealed ...

A Cintas (NASDAQ:CTAS) potential purchase of UniFirst (UNF) would be accretive to EBITDA and earnings, according to a UBS analyst. Cintas shares rose 3.1%. UniFirst (UFS) is a family-controlled ...

Cintas (CTAS) announced that it submitted a proposal to the board of UniFirst (UNF) to acquire all outstanding common and class B shares of UniFirst for $275.00 per share in cash. The proposal ...

Cintas delivered its $275/Share Proposal to UniFirst In November; UniFirst rejected Proposal, without any further engagement. Cintas pushes for discussions, emphasizing strategic benefits ...

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 ...

CINCINNATI, January 07, 2025--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) today announced that it submitted a proposal to the Board of Directors of UniFirst Corporation (NYSE: UNF) to acquire ...