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Cintas, a maker of workplace products, said it made a $5.1 billion offer for smaller uniform supplier UniFirst that has been ...
After months of secret unsuccessful negotiations, Mason-based uniform provider Cintas on Tuesday launched a $5.3 billion hostile takeover bid for UniFirst, a Massachusetts rival. Cintas revealed ...
Mason-based uniform provider Cintas Corp. has ended discussions to acquire UniFirst for $5.3 billion. After multiple attempts to buy the company, Cintas announced Monday it terminated discussions ...
The $275 per share offer is also a 54% premium to UniFirst’s closing price on February 7, 2022, when Cintas initially made a proposal of $255 per share. Cintas noted that UniFirst has repeatedly ...
Smith Collection / Gado / Getty Images Cintas exceeded profit and sales estimates and raised its outlook as it had record-setting performances for the first quarter. Revenue and gross margin as a ...