UniFirst Stock Plunges 13.45% as Cintas Acquisition Talks Fail

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Tuesday, Mar 25, 2025 4:39 am ET1min read

On March 25, 2025, UniFirst's stock price dropped by 13.45 points in pre-market trading.

Cintas Corporation has terminated discussions with

regarding a potential acquisition. The deal, which was valued at approximately $5.3 billion, would have seen acquire all of . The termination of these discussions comes after disagreements over key terms and the valuation of the uniform supplier.

Cintas had initially offered $275.00 per share in cash, representing a 46% premium over UniFirst's ninety-day average stock price. However, the two companies were unable to reach an agreement on the terms of the acquisition, leading to the termination of discussions.

Following the announcement, UniFirst's stock price experienced a significant drop, reflecting investor disappointment with the failed acquisition attempt. The termination of these discussions has left UniFirst to pursue alternative growth strategies and focus on its core business operations.

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