Core Viewpoint - The law firm Brodsky & Smith is investigating potential claims against the Board of Directors of UniFirst Corporation for possible breaches of fiduciary duty related to the sale of the company to Cintas Corporation for a total value of $310.00 per share, which includes cash and stock components [1][2]. Group 1 - The sale involves Cintas Corporation offering $155.00 in cash and 0.7720 shares of its stock for each UniFirst share, based on Cintas' closing share price of $200.77 on March 9, 2026 [1]. - The total enterprise value of the transaction is approximately $5.5 billion [1]. - The investigation focuses on whether the UniFirst Board conducted a fair process and whether the deal consideration provides fair value to shareholders [2]. Group 2 - Brodsky & Smith is a litigation law firm with expertise in representing shareholders in securities and class action lawsuits [3]. - The firm has been appointed as lead counsel in various class actions and has successfully recovered millions for clients [3].
SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of UniFirst Corporation (UNF)