Cintas to acquire Massachusetts rival in $5.5B takeover

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Cintas has reached an agreement to acquire UniFirst Corp. for $5.5 billion after multiple previous attempts. The deal, which is expected to close in the second half of 2026, will combine UniFirst’s $2.4 billion operation with Cintas’s $10.3 billion in sales revenue from fiscal 2025. Cintas plans to cut an estimated $375 million in costs post-merger and will pay UniFirst shareholders $310 per share.

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