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.
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 ...
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 ...
Mason-based uniform provider Cintas on Tuesday launched a $5.3 billion hostile takeover bid for UniFirst, a Massachusetts rival.
Cintas delivered its $275/Share Proposal to UniFirst In November; UniFirst rejected Proposal, without any further engagement. Cintas pushes for discussions, emphasizing strategic benefits ...