Jan 7 (Reuters) - Uniform supplier UniFirst (UNF.N), opens new tab on Tuesday rebuffed again a takeover proposal from Cintas (CTAS.O ... to UniFirst's closing price on Monday.
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 ...
6 share price. This is not Cintas’ first attempt at approaching ... we believe Cintas and UniFirst hold around 40% and 13% share of the uniform rental market, respectively.
said it made an offer that values the uniform maker at about $5.3 billion ... That’s 62% higher than Monday’s closing price. Cintas delivered the proposal on Nov. 8, but UniFirst’s board ...
Earlier in the day, the uniform rental firm said that it had offered $275 for each outstanding common and Class B share, representing a 62.4% premium to UniFirst's closing price on Monday. Shares of ...