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Cintas, UniFirst
Cintas CEO explains why it publicized $5.3B offer to acquire rival UniFirst
Cintas CEO Todd Schneider talked to the Courier about why his company’s offer to buy rival UniFirst is so compelling to both companies that he wants to make sure UniFirst’s shareholders know about it.
Cintas Makes $5.1 Billion Takeover Offer for Uniform Supplier UniFirst
For Cintas, a deal would allow the combined companies to serve more customers and make greater use of its recent investments in technology and infrastructure.
Cintas launches $5.3B hostile takeover bid for Massachusetts rival UniFirst
Mason-based uniform provider Cintas on Tuesday launched a $5.3 billion hostile takeover bid for UniFirst, a Massachusetts rival.
Cintas proposes $5.1 billion takeover of uniform supplier UniFirst, WSJ reports
Uniform rental firm Cintas Corp has made a $5.1 billion takeover offer for uniform supplier UniFirst, the Wall Street Journal reported on Tuesday. Cintas has offered to pay $275 per outstanding common and Class B share,
UniFirst Shares Skyrocket As Cintas Reveals $275 Per Share Acquisition Offer
Unifirst Corporation (NYSE:UNF) shares are trading higher on Tuesday. Cintas Corporation (NASDAQ:CTAS) has made a solid move by submitting a proposal to acquire all outstanding shares of UniFirst for $275 per share in cash.
Cintas submits proposal to acquire UniFirst for $275 per share in cash
Cintas (CTAS) announced that it submitted a proposal to the board of UniFirst (UNF) to acquire all outstanding common and class B shares of
Uniform supplier UniFirst rebuffs Cintas' $5.3 billion takeover bid
By Neil J Kanatt (Reuters) -Uniform supplier UniFirst on Tuesday rebuffed again a takeover proposal from Cintas that valued the firm at $5.3 billion and said that it was confident of its strategy as a standalone company.
UniFirst Shares Surge on Takeover Deal Report From Rival Cintas
Cintas offered $275 per UniFirst share in cash, according to letters seen by The Wall Street Journal. The offer price is a more than 60% premium to where UniFirst shares ended trading Monday. UniFirst stock closed at $169.
Cintas $275 per share takeover offer turned down by UniFirst, WSJ reports
Cintas (CTAS) made a $5.1B offer to buy smaller uniform supplier UniFirst (UNF), but this bid has been rebuffed multiple times, according to
18h
Cintas Corp. stock outperforms competitors on strong trading day
Cintas Corp. closed $39.40 short of its 52-week high ($228.12), which the company reached on November 26th.
bovnews
1h
Cintas Corp (CTAS) Stock: More Resilient Than It Appears
Wells Fargo has recently initiated Cintas Corp (CTAS) stock to Underweight rating, as announced on August 13, 2024, according to Finviz. Earlier, on August 9, 2024, Redburn Atlantic had initiated the ...
4h
Cintas (CTAS) Gets a Buy from Barclays
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 ...
1d
Cintas Corp. stock outperforms competitors despite losses on the day
Cintas Corp. closed $43.02 below its 52-week high ($228.12), which the company reached on November 26th.
1d
Cintas proposes $5.3B acquisition of rival, but target objects
Cintas offered to pay Wilmington, Mass.-based UniFirst (NYSE: UNF) shareholders $275 per share in an all-cash deal valued at ...
22h
UniFirst Confirms Rejection of Unsolicited, Non-Binding and Highly Conditional Acquisition Proposal from Cintas Corporation
J.P. Morgan Securities LLC is serving as UniFirst’s financial advisor and Paul Hastings LLP is serving as legal advisor.
Joplin Globe
1d
Cintas Corporation Recognized by The Wall Street Journal as One of the Best-Managed Companies of 2024
Cintas Corporation (Nasdaq: CTAS) has been named to The Wall Street Journal’s Best-Managed Companies of 2024. This milestone ...
17h
Cintas' Aggressive Approach With UniFirst Creates A Favorable Opportunity
UniFirst rejects Cintas’ $5.3B offer, but the deal could boost profitability. Find out why UNF and CTAS stocks are worth ...
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