Smith Collection / Gado / Getty Images Cintas ... noted that uniform direct sales are a "strategic business for us that sells into Fortune 1000-type customers, airlines, hotels, casinos, those ...
Cintas shares tumbled ... Todd Schneider noted that uniform direct sales are a "strategic business for us that sells into Fortune 1000-type customers, airlines, hotels, casinos, those types.
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 ...
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.
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 ...
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 ...
(Reuters) -Uniform supplier UniFirst on Tuesday rebuffed again a takeover proposal from Cintas that valued the firm at $5.3 billion and said that it was confident of its strategy as a standalone ...
(Reuters) -Uniform supplier UniFirst on Tuesday rebuffed again a takeover proposal from Cintas that valued the firm at $5.3 billion and said that it was confident of its strategy as a standalone ...
Mason-based corporate uniform giant Cintas (Nasdaq: CTAS) publicized the offer Tuesday, Jan. 7, in an effort to get UniFirst shareholders to push its board to consider it. Cintas offered to pay ...