Unifirst Corp/Ma

Corn futures declined slightly on Friday even as export commitments surged 30% year-over-year. In equities, valuation models suggest potential undervaluation for Accenture and Safran, contrasting with recent stock performance.

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 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 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%.