Cintas Agrees to Buy Uniform Maker UniFirst in $5.5B Deal

Why UniFirst Stock Is Rocketing Higher Again Today

Key PointsCintas announced plans to acquire UniFirst for roughly $5.5 billion, or $310 per share.The deal will consist of $155 in cash and 0.772 shares of Cintas for each share of UniFirst stock owned.The deal makes a lot of sense, but it may take time to produce any extra profits.10 stocks we like better than UniFirst › Shares of North America's second-largest uniform and facilities services specialist, UniFirst (NYSE: UNF), are up 10% as of no…

Cintas Agrees to Buy Uniform Maker UniFirst in $5.5B Deal

UniFirst shareholders will receive $155 in cash and 0.7720 shares of Cintas stock for each UniFirst share they own, according to a statement on March 11.

Cintas to Acquire UniFirst in $5.5 Billion Deal, Consolidating Uniform Services Market - Channelchek

Cintas Corporation (Nasdaq: CTAS) announced an agreement to acquire UniFirst Corporation (NYSE: UNF) in a transaction valued at approximately $5.5 billion, marking one of the largest consolidations in the North American uniform and workplace services industry. The deal brings together two family-founded companies with long histories serving businesses with uniform rental programs, facility services, and workplace safety products. For investors, …

Cintas (CTAS) Closes $5.5B Acquisition of Uniform Rival UniFirst (UNF)

Key Takeaways UniFirst will be acquired by Cintas for $310 per share through a combination of cash and stock, representing a $5.5 billion transaction In premarket activity, UniFirst shares climbed approximately 7.4%, while Cintas shares declined roughly 1.6% Each UniFirst shareholder will receive $155 in cash alongside 0.7720 shares of Cintas stock Management anticipates the merger will yield $375 million in annual operational efficiencies by y…