Smith Collection / Gado / Getty Images Cintas shares tumbled Thursday as the provider of uniforms and other business supplies reported a decline in direct sales of its uniforms and warned about ...
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Cintas shares tumbled Thursday as the provider of uniforms and other business supplies reported a decline in direct sales of its uniforms and warned about pricing. Second-quarter revenue and ...
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.
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 ...
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 ...
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 ...
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 ...
Cintas has made a proposal to acquire a competitor for $5.3 billion and isn’t giving up even though that company’s board has rejected its offer. STORY HIGHLIGHTS Cintas has proposed a $5.3 ...