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 ...
Cintas delivered its $275/Share Proposal to UniFirst In November; UniFirst rejected Proposal, without any further engagement. Cintas pushes for discussions, emphasizing strategic benefits ...
(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 ...
Yesterday, Cintas Corporation submitted a proposal to acquire all outstanding shares of UniFirst for $275 per share in cash. This offer, which represents a 46% premium to UniFirst’s ninety-day ...
While releasing its second-quarter results in December 2024, Cintas said its fiscal year 2025 interest net is expected to be approximately $101.0 million compared to $95.0 million in the fiscal ...
CINCINNATI (Cincinnati Business Courier) - Cintas Corp. has made a proposal to acquire rival UniFirst for $5.3 billion and isn’t giving up even though that company’s board has rejected its offer.
Cintas, a maker of workplace products, made a $5.1 billion offer for UniFirst that has been rebuffed multiple times, The Wall Street Journal reported. Shares in the smaller uniform supplier jumped ...
UniFirst Corp. shares jumped after Cintas Corp. said it made an offer that values the uniform maker at about $5.3 billion. Cintas sent a proposal to UniFirst’s board offering $275 a share ...