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News  ›  Benzinga

UniFirst Confirms Receipt of Unsolicited, Non-Binding Proposal from Cintas Corporation

Benzinga Logo Benzinga By Globe Newswire
UniFirst Confirms Receipt of Unsolicited, Non-Binding Proposal from Cintas Corporation

UniFirst Corporation announced it received an unsolicited, non-binding acquisition proposal from Cintas Corporation on December 12, 2025, offering $275.00 per share in cash for all outstanding UniFirst common and Class B shares. The UniFirst Board of Directors has engaged financial and legal advisors to carefully review the proposal and determine the best course of action for shareholders and stakeholders.

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Cintas is making an acquisition move to expand its business portfolio by acquiring UniFirst, demonstrating growth ambitions and strategic expansion in the uniform and workwear services sector.