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,
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.
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 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.
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
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 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
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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 ...
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