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 ...
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The uniform rental giant's earnings growth in its fiscal 2025 second quarter exceeded expectations as profitability improved. Cintas' primary revenue driver is its uniform rental and facility ...
CINCINNATI, January 07, 2025--Cintas Corporation (Nasdaq: CTAS) today announced that it submitted a proposal to the Board of Directors of UniFirst Corporation (NYSE: UNF) to acquire all ...
Cintas delivered its $275/Share Proposal to UniFirst In November; UniFirst rejected Proposal, without any further engagement. Cintas pushes for discussions, emphasizing strategic benefits ...
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 ...
(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 ...
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 ...