Mason-based Cintas to acquire rival for $5.5B

Cintas Corp., based in Mason, Ohio, has announced its acquisition of rival UniFirst Corp. in a transaction valued at approximately $5.5 billion. The deal, which involves Cintas buying UniFirst for $310 per share in cash and stock, will result in a combined company serving about 1.5 million business customers across North America. This acquisition marks the successful culmination of Cintas’s long-standing pursuit of its competitor.

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