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

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 ...