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UniFirst Stock Up 40% After Report Says Cintas Made a $5.1 Billion Takeover Offer
Cintas is proposing to pay $275 per share for all of Unifirst’s outstanding common and Class B shares, according to the report.
Uniform supplier UniFirst rebuffs Cintas' $5.3 billion takeover bid
By Neil J Kanatt (Reuters) -Uniform supplier UniFirst on Tuesday rebuffed again a takeover proposal from Cintas that valued the firm at $5.3 billion and said that it was confident of its strategy as a standalone company.
Cintas $275 per share takeover offer turned down by UniFirst, WSJ reports
Cintas (CTAS) made a $5.1B offer to buy smaller uniform supplier UniFirst (UNF), but this bid has been rebuffed multiple times, according to
UniFirst Shares Surge on Takeover Deal Report From Rival Cintas
Cintas offered $275 per UniFirst share in cash, according to letters seen by The Wall Street Journal. The offer price is a more than 60% premium to where UniFirst shares ended trading Monday. UniFirst stock closed at $169.
Cintas offers to buy uniform supplier UniFirst for $5.3 billion
Cintas on Tuesday proposed to buy UniFirst for about $5.3 billion, after its repeated overtures to take over the uniform supplier were rejected by the company's board. Cintas said it had offered $275 for each outstanding common and Class B share,
3d
More than 40 killed in latest Israeli attacks on Gaza, report says
At least 41 people have been killed in the latest attacks carried out by the Israeli military in the Gaza Strip, the ...
13h
Amazon is forking out $40 million to license new Melania Trump documentary
The incoming first lady will serve as an executive producer for the film, but it's unclear how much she'll be paid.
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