Cintas makes fresh bid for UniFirst, WSJ reports

Reuters12-22 20:50
Cintas makes fresh bid for UniFirst, WSJ reports

Dec 22 (Reuters) - Cintas CTAS.O has submitted another offer to acquire smaller uniform supplier UniFirst UNF.N, according to a Wall Street Journal report on Monday.

Cintas earlier this month delivered a letter to UniFirst's board of directors offering to acquire all outstanding common and Class B shares at $275 apiece, implying a total deal value of roughly $5.2 billion, the report added.

(Reporting by Sanskriti Shekhar in Bengaluru ; Editing by Vijay Kishore)

((Sanskriti.Shekhar@thomsonreuters.com))

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