Cintas offered to pay Wilmington, Mass.-based UniFirst (NYSE: UNF) shareholders $275 per share in an all-cash deal valued at ...
Cintas said it had offered $275 for each outstanding common and Class B share, representing a 62.4% premium to UniFirst's last closing price. Cintas added that it first made the buyout proposal to ...
Mason-based corporate uniform giant Cintas (Nasdaq: CTAS) publicized the $5.3 billion acquisition offer Tuesday, Jan. 7, in an effort to get UniFirst (NYSE: UNF) shareholders to push its board to ...
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 ...
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 ...
UniFirst reported Q1 2025 results with sales of $604.91M, operating income of $55.5M, and adjusted EPS of $2.40. Cintas offered to acquire UniFirst for $275/share.
Analyst Jason Haas CFA from Wells Fargo maintained a Sell rating on Cintas (CTAS – Research Report) and keeping the price target at ...
(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 ...