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 ...
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 ...
Shares of the company rose around 20% after news broke that a larger competitor, Cintas Corporation (NASDAQ:CTAS), had confirmed to the public for the first time in years that it is interested in ...
Shares of professional uniform company Cintas (NASDAQ: CTAS) plunged 9.3% on Thursday as of 12 p.m. EDT. Cintas has been a long-term winner in the market and, prior to the past week, had been up ...
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 ...
Cintas Q2 results weren't bad ... Other include first-aid business Zee Medical, fire, and safety. The margin news is better than the revenue, leading to outperformance on the bottom line.
Cintas delivered its $275/Share Proposal to UniFirst In November; UniFirst rejected Proposal, without any further engagement. Cintas pushes for discussions, emphasizing strategic benefits ...
A Cintas (NASDAQ:CTAS) potential purchase of UniFirst (UNF) would be accretive to EBITDA and earnings, according to a UBS analyst. Cintas shares rose 3.1%. UniFirst (UFS) is a family-controlled ...
CINCINNATI, January 07, 2025--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) today announced that it submitted a proposal to the Board of Directors of UniFirst Corporation (NYSE: UNF ...
CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) has been named to The Wall Street Journal’s Best-Managed Companies of 2024. This milestone marks the company's debut appearance on ...
Cintas has been leading the way in addressing these challenges and make it a priority to support young professionals in part through their Management Trainee (MT) Program. The program’s purpose ...