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-7.22021660649163E-05 -0.000938628158844733 -0.00180505415162455 -0.0048375451263537 -0.00184115523465701 0.0144043321299639 0.0161913357400723 0.0116787003610109
Stock impact report

Cintas to acquire Massachusetts rival in $5.5B takeover [Yahoo! Finance]

Unifirst Corporation (UNF) 
Last unifirst corporation earnings: 4/1 08:00 am Check Earnings Report
US:NYSE Investor Relations: investors.unifirst.com/investor-overview
Company Research Source: Yahoo! Finance
Todd Schneider, Cintas' executive vice president and chief operating officer. After multiple overtures, Cintas has cut a deal to acquire a smaller Massachusetts-based rival for $5.5 billion, the companies disclosed in a March 11 filing Mason-based Cintas will take over UniFirst Corp ., which also provides uniforms and other products and services to businesses, after the boards of directors of both companies approved deal. Cintas has courted its rival for years The pact comes two months after Cintas had announced it was still interested in purchasing the company based in suburban Boston, having made multiple offers since 2022. Cintas' latest successful bid won the support of Croatti family members, who control two-thirds of the voting shares of UniFirst stock. The deal is expected to close in the second half of 2026. The transaction will add UniFirst's $2.4 billion operation to Cintas', which booked $10.3 billion in sales revenue in fiscal 2025. Deal boosts sales, but will Show less Read more
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