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What will be Cintas' next major strategic move by the end of 2025?
3
Resolution / Starting Odds
Another acquisition attempt • 25%
Expansion into new markets • 25%
New product line • 25%
Other strategic move • 25%
Official announcements from Cintas or major financial news outlets
Story
Cintas Proposes $5.3 Billion Acquisition of UniFirst at $275 Per Share, Offer Rebuffed
Jan 7, 2025, 01:56 PM
Cintas Corp., a major maker of workplace products, has made a $5.1 billion offer to acquire UniFirst Corp., a smaller uniform supplier, in what would be a $5.3 billion deal. The offer, which equates to $275 per share in cash, represents a 46% premium to UniFirst's 90-day average price. Despite multiple attempts by Cintas to engage since November, the proposal has been rebuffed by UniFirst's board. Cintas is expected to publicize its offer imminently. Following the report of the offer in The Wall Street Journal, UniFirst's stock surged, increasing by up to 40%.
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Spin-off • 25%
Acquisition • 25%
No major move • 25%
Divestiture • 25%
Acquire another company • 25%
Launch a new product line • 25%
Focus on international expansion • 25%
Other • 25%
Partnership with another major retailer • 25%
Expansion into new international markets • 25%
Focusing on sustainability initiatives • 25%
Acquisition of a tech company • 25%
Other • 25%
New merger or acquisition attempt • 25%
Expansion of existing operations • 25%
Major investment in technology or logistics • 25%
Expansion of physical stores • 25%
Diversification into new markets • 25%
Enhancement of online presence • 25%
Focus on luxury segment • 25%
Expansion of physical stores • 25%
No significant change • 25%
Diversification into new markets • 25%
Focus on online retail • 25%
Cost-cutting and restructuring • 25%
Focus on e-commerce growth • 25%
Expansion in Latin America • 25%
Expansion in North America • 25%
Major Partnership • 25%
New Product Launch • 25%
Acquisition • 25%
IPO • 25%
No acquisitions • 25%
Yes, both public and private companies • 25%
Yes, a private company • 25%
Yes, a public company • 25%
A company in the HVAC sector • 25%
A company in the landscaping sector • 25%
A company in another sector • 25%
A company in the plumbing sector • 25%
Acquisition by another company • 25%
Reorganization and relaunch • 25%
Complete liquidation • 25%
Other • 25%