For Cintas, a deal would allow the combined companies to serve more customers and make greater use of its recent investments ...
Cintas on Tuesday proposed to buy UniFirst for about $5.3 billion, after its repeated overtures to take over the uniform supplier were rejected by the company's board. Cintas said it had offered $275 ...
Mason-based uniform provider Cintas on Tuesday launched a $5.3 billion hostile takeover bid for UniFirst, a Massachusetts ...
Cintas offered to pay Wilmington, Mass.-based UniFirst (NYSE: UNF) shareholders $275 per share in an all-cash deal valued at ...
UniFirst Corporation (NYSE:UNF) shares are trading higher after the company reported first-quarter results. Quarterly sales ...
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 ...
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 ...
Barclays analyst Manav Patnaik maintained a Buy rating on Cintas (CTAS – Research Report) on January 6 and set a price target of $245.00. The ...
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 ...
Cintas potential purchase of UniFirst could be accretive to EBITDA and earnings, with significant synergies expected in four ...
CTAS reported strong Q2 performance with 7.8% y/y revenue growth, margin expansion, and raised FY25 revenue and EPS guidance, ...
UniFirst Corp. shares jumped after Cintas Corp. said it made an offer that values the uniform maker at about $5.3 billion.