CTAS
NASDAQ · Commercial Services & Supplies
Cintas Corp
$176.85
-1.28 (-0.72%)
CTAS News3 articles
Cintas Nears $5.2B Acquisition of UniFirst at $275/Share Premium
Cintas is reportedly close to finalizing a $5.2 billion acquisition of UniFirst at over $275 per share, representing a 64% premium. UniFirst shares surged 13.6% in premarket trading following the report.
UniFirst Shares Surge on Renewed Cintas Acquisition Speculation
UniFirst stock jumped 15% premarket following reports of revived takeover discussions with larger rival Cintas. The uniform rental company's board continues reviewing Cintas's $275-per-share cash proposal.
UniFirst Shares Surge 16% on Renewed Cintas Acquisition Speculation
UniFirst stock jumped 16% to $231 following reports of revived buyout discussions with larger rival Cintas, which previously offered $275 per share. Cintas shares also gained 2.8%.