UniFirst Corporation confirms receipt of Cintas proposal
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UniFirst Confirms Receipt of Unsolicited, Non-Binding Proposal from Cintas Corporation
December 22, 2025 10:30 AM ESTWILMINGTON, Mass., Dec. 22, 2025 (GLOBE NEWSWIRE) -- UniFirst Corporation (the Company or UniFirst) (NYSE: UNF) today confirmed it received an unsolicited, non-binding proposal from Cintas Corporation (Cintas) (NASDAQ: CTAS) to acquire all the outstanding UniFirst common and Class B shares for $275.00 per share in cash on December 12, 2025.
Upon receipt of Cintas proposal, the UniFirst Board of Directors, engaged independent financial and legal advisors. Consistent with its fiduciary duties and in consultation with its advisors... More
