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Cintas, UniFirst
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 offers to buy uniform supplier UniFirst for $5.3 billion
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 for each outstanding common and Class B share,
UniFirst Surges After Getting $5 Billion Offer From Cintas
UniFirst Corp. shares jumped after Cintas Corp. said it made an offer that values the uniform maker at about $5.3 billion.
UniFirst stock surges on WSJ report of Cintas buyout offer
Investing.com -- Shares of UniFirst Corporation (NYSE: UNF) soared over 30% today following reports from the Wall Street Journal that Cintas Corporation (NASDAQ: CTAS) has made a multi-billion dollar offer to acquire the uniform supplier.
UniFirst Stock Surges After Cintas Makes $5.1 Billion Bid
Cintas, a maker of workplace products, made a $5.1 billion offer for UniFirst that has been rebuffed multiple times, The Wall Street Journal reported. Shares in the smaller uniform su
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.
Cintas Proposes To Buy UniFirst For $275 A Share
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 price as of January 6,
UniFirst Stock Up 40% After Report Says Cintas Made a $5.1 Billion Takeover Offer
Cintas is proposing to pay $275 per share for all of Unifirst’s outstanding common and Class B shares, according to the report.
1h
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.
4h
UniFirst Shares Surge on Takeover Deal Report From Rival Cintas
Shares of UniFirst on Tuesday surged following a report on a $5.1 billion takeover offer from competitor Cintas, a maker of workplace products, at a significant premium price. The stock was up 29% to ...
22h
Cintas Corporation Recognized by The Wall Street Journal as One of the Best-Managed Companies of 2024
NDAQ:CTAS) Cintas Corporation Recognized by The Wall Street Journal as One of the Best-Managed Companies of 2024 ...
2d
Cintas Co. (NASDAQ:CTAS) Given Average Recommendation of “Hold” by Brokerages
Shares of Cintas Co. (NASDAQ:CTAS – Get Free Report) have earned an average recommendation of “Hold” from the sixteen ...
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