Cintas, UniFirst and Takeover

UniFirst Stock Is Up 40% on $5.3 Billion Takeover Offer
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, which offers first aid and safety and other uniforms,
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.
UniFirst jumps as Cintas confirms $275 a share takeover offer (update)
UniFirst (UNF) stock soars 33% in premarket trading after Cintas (CTAS) makes a $5.1 billion offer for the rival uniform maker.
UniFirst Shares Skyrocket As Cintas Reveals $275 Per Share Acquisition Offer
Cintas offers $275 per share for UniFirst, valuing it at $5.3B, but UniFirst rejects multiple attempts for talks.
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 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
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.

UniFirst, Fiscal Year

UniFirst Corporation: Poor Near-Term Fundamental Outlook, But Valuation Likely To Be Rangebound
UniFirst Corporation reported y/y revenue growth, but declining net wearer levels and a challenging pricing environment are ...
UniFirst (NYSE:UNF) Trading Up 4.1% After Better-Than-Expected Earnings
UniFirst Co. (NYSE:UNF – Get Free Report)’s stock price rose 4.1% during trading on Wednesday after the company announced better than expected quarterly earnings. The company traded as high as $214.62 ...
Cintas proposes acquisition of competitor UniFirst in multibillion-dollar deal, but target objects
Cintas offered to pay Wilmington, Mass.-based UniFirst (NYSE: UNF) shareholders $275 per share in an all-cash deal valued at ...
UniFirst price target raised to $235 from $190 at UBS
UBS raised the firm’s price target on UniFirst (UNF) to $235 from $190 and keeps a Neutral rating on the shares. UniFirst shares rose 3% on ...
UniFirst 1Q Profit Rises Amid Costs Tied to Operational Projects
The uniform supplier logged net income of $43.1 million, or $2.31 a share, for the first quarter ended Nov. 30, up from $42.3 million, or $2.26 a share, a year earlier. Analysts polled by FactSet ...
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UniFirst Stock Rises After Q1 Earnings Beat: Retail Stays Enthusiastic After Cintas’ Buyout Offer
Shares of UniFirst Corporation (UNF), a supplier and servicer of uniform and workwear programs, facility service products, ...
Unifirst Announces Financial Results for the First Quarter of Fiscal 2025
WILMINGTON, Mass., Jan. 08, 2025 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its first quarter ended November 30, 2024 as ...
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 ...