Cintas terminates discussions with unifirst

Cincinnati--(business wire)--cintas corporation (nasdaq: ctas) (the “company”) today announced that it has terminated discussions with unifirst corporation (nyse: unf) regarding cintas' proposal (the “proposal”) to acquire all of the outstanding common and class b shares of unifirst for $275.00 per share in cash, a premium of 46% over unifirst's ninety-day average closing price as of january 6, 2025, the last trading day before the proposal was made public. todd schneider, president and chief e.
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