(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 ...
Good news for the U.S. economy may be reverting to bad news for Wall Street, and U.S. stock indexes are feeling pressure on ...
J.P. Morgan Securities LLC is serving as UniFirst’s financial advisor and Paul Hastings LLP is serving as legal advisor.
For Cintas, a deal would allow the combined companies to serve more customers and make greater use of its recent investments ...
CEO Mark Zuckerberg, who has been building ties with the incoming Trump administration, said the move was an attempt to restore free expression on its platforms. For Cintas, a deal would allow the ...
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 ...
Cintas has proposed to acquire all outstanding common and class B shares of UniFirst for $275.00 per share in cash. The offer gives shareholders a 46% premium to UniFirst's ninety-day average closing ...
Cintas potential purchase of UniFirst could be accretive to EBITDA and earnings, with significant synergies expected in four ...
Shares of UniFirst Corporation UNF rose sharply during Tuesday's session after Cintas CTAS submitted a proposal to acquire ...