Cintas Corp resubmitted a $275-per-share takeover proposal for UniFirst in December, matching its initial approach from January 2025. The renewed bid follows an earlier, unpursued indication at $255 per share in 2022, reflecting Cintas’s sustained interest in expanding its uniform services portfolio.

UniFirst’s board is working with financial advisers to evaluate the December proposal, but negotiations are still in early stages. No definitive agreement has been reached and key terms—such as final price, transaction structure and closing timeline—remain under discussion.

Cintas stock climbed 2.78% on the renewed acquisition news, signaling investor optimism around strategic growth through consolidation. Market participants are watching for updates on deal progress and potential impacts on Cintas’s valuation and earnings outlook.