The CNN Money Fear and Greed index showed further improvement in the overall market sentiment, while the index moved to the “Greed” zone on Monday.U.S. stocks settled higher on Monday, with the Dow Jones index gaining more than 200 points during the session. The S&P 500 also recorded gains for the third straight session.The New York Stock Exchange will close at 1 p.m. ET on Wednesday and will be closed on Thursday for Christmas Day.UniFirst Corp. (NYSE:UNF) received an acquisition proposal from Cintas Corp. ...

Core Insights - Cintas has renewed its bid for UniFirst at $275 per share, representing a 62% premium over UniFirst's closing price prior to the announcement [1][2] - Following the news, UniFirst shares surged over 16% to approximately $198, while Cintas shares increased by about 2% to just under $192 [1] Bid Details - The new proposal includes a substantial reverse termination fee of $350 million to alleviate regulatory concerns, indicating Cintas's commitment to securing the deal [2][3] - Cintas had previously attempted to acquire UniFirst in January but faced regulatory hurdles, leading to the termination of negotiations in March [2] Regulatory Confidence - Cintas has stated that it has made significant progress on the regulatory front and is confident in obtaining the necessary approvals for the transaction [3] - CEO Todd Schneider emphasized the potential benefits of the merger for customers, employee-partners, and shareholders [4]

CNBC's Jim Cramer suggested dealmaking will help drive the market next year, reviewing mergers and acquisitions that could occur."The setup's a great one," he said. "The chief pillar? Takeovers and acquisitions. They're going to be an extraordinary force for the bulls in 2026."Cramer explained that mergers are important for stocks because the market is fundamentally about supply and demand. When the number of shares increases, the averages can have trouble advancing, he said. However, takeovers can "temper ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

WILMINGTON, Mass., Dec. 22, 2025 (GLOBE NEWSWIRE) -- UniFirst Corporation (the “Company” or “UniFirst”) (NYSE: UNF) today confirmed it received an unsolicited, non-binding proposal from Cintas Corporation (“Cintas”) (NASDAQ: CTAS) to acquire all the outstanding UniFirst common and Class B shares for $275.00 per share in cash on December 12, 2025. Upon receipt of Cintas’ proposal, the UniFirst Board of Directors, engaged independent financial and legal advisors. Consistent with its fiduciary duties and in co ...

Cintas, a maker of workplace products, is offering $5.2 billion for smaller uniform supplier UniFirst. - Erik McGregor/LightRocket/Getty Images Cintas, a big maker of workplace products, has submitted another offer to acquire smaller uniform supplier UniFirst, showing no signs of giving up after nearly four years of failing to get a deal done. This time, it is bidding $5.2 billion and vowing to make sure the transaction clears any regulatory hurdles by including a sizable break fee to sweeten the deal. ...

After multiple rejections over the years, Cintas is offering a $350 million payment if the deal is rejected to sweeten the pot. ...

Key Takeaways CTAS posted Q2 EPS of $1.21, topping estimates as revenues rose 9.3% year over year to $2.80 billion.Cintas saw broad-based growth, led by First Aid and Safety Services revenues rising 14.3% year over year.CTAS raised FY26 revenue and EPS guidance following strong cash flow and continued shareholder returns.Cintas Corporation (CTAS) reported second-quarter fiscal 2026 (ended Nov. 30, 2025) earnings of $1.21 per share, which beat the Zacks Consensus Estimate of $1.19. The bottom line rose 11% y ...

Cintas Corporation (NASDAQ:CTAS) stock slipped on Friday despite a modest earnings and revenue beat, as well as a higher full-year outlook.On Thursday, the company reported second-quarter earnings per share of $1.21, beating the analyst consensus estimate of $1.20.Quarterly sales of $2.80 billion (+9.3% year over year) beat the Street view of $2.766 billion.Cintas raised its fiscal 2026 GAAP EPS outlook to $4.81 to $4.88, up from $4.74 to $4.86, compared with the analyst consensus of $4.85.Analysts’ TakeRBC ...

Cintas Corporation (NASDAQ:CTAS) stock slipped on Friday despite a modest earnings and revenue beat, as well as a higher full-year outlook.On Thursday, the company reported second-quarter earnings per share of $1.21, beating the analyst consensus estimate of $1.20.Quarterly sales of $2.80 billion (+9.3% year over year) beat the Street view of $2.766 billion.Cintas raised its fiscal 2026 GAAP EPS outlook to $4.81 to $4.88, up from $4.74 to $4.86, compared with the analyst consensus of $4.85.Analysts’ TakeRBC ...