STORY HIGHLIGHTS Cintas has proposed a $5.3 billion acquisition of UniFirst. UniFirst's board rejected the offer. The Cintas bid is 46% above UniFirst's average stock price. Cintas Corp. has made ...

UniFirst shares are surging in response to news that Cintas a competitor in manufacturing work uniforms, has made an offer to acquire the company, valuing it at $5.3 billion.

Cintas delivered its $275/Share Proposal to UniFirst In November; UniFirst rejected Proposal, without any further engagement. Cintas pushes for discussions, emphasizing strategic benefits ...

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, the ...

UniFirst could add 18% to 20% to Cintas (NASDAQ:CTAS) EBITDA and 7% to 10% to Cintas EPS in four years when synergies are fully realized, UBS analyst Joshua Chan wrote in a note on Tuesday.

Jan 7 (Reuters) - Uniform supplier UniFirst (UNF.N), opens new tab on Tuesday rebuffed again a takeover proposal from Cintas (CTAS.O), opens new tab that valued the firm at $5.3 billion and said ...

January 7th was a very exciting day for shareholders of UniFirst Corporation (NYSE:UNF). Shares of the company rose around 20% after news broke that a larger competitor, Cintas Corporation (NASDAQ ...

Update 4:20pm: Adds UniFirst reponse.UniFirst (NYSE:UNF) soared 31% after Cintas (CTAS) made a $5.1 billion offer for the rival uniform supplier. Cintas gained 2.8%. Cintas (CTAS) offered to ...

UniFirst Corporation UNF reported first-quarter fiscal 2025 (ended Nov. 30, 2024) adjusted earnings of $2.40 per share, which surpassed the Zacks Consensus Estimate of $2.27. The company reported ...