Globenewswire·2025-12-22 15:30Core Viewpoint - UniFirst Corporation has received an unsolicited, non-binding acquisition proposal from Cintas Corporation to acquire all outstanding shares for $275.00 per share in cash [1]. Group 1: Proposal Details - The proposal was received on December 12, 2025, and involves both common and Class B shares of UniFirst [1]. - The UniFirst Board of Directors is currently reviewing the proposal with the assistance of independent financial and legal advisors [2]. Group 2: Board's Response - The Board is evaluating the proposal to determine the best course of action for the company, its shareholders, and other stakeholders [2]. - UniFirst has stated that it will not provide further comments on the proposal until the review is complete, and shareholders do not need to take any action at this time [3]. Group 3: Company Overview - UniFirst Corporation is a leader in North America for uniform and workwear programs, facility service products, and safety supplies [4]. - The company operates over 270 service locations and serves more than 300,000 customer locations, employing over 16,000 individuals [4].