Cintas terminates UniFirst acquisition talks; $275/share proposal abandoned

CINTAS CORP

Cintas ends discussions to acquire UniFirst at $275/share cash, a 46% premium over UniFirst's 90-day average.
Cintas cites inability to have substantive engagement on key transaction terms.
Company will continue its M&A-driven growth strategy and technology investments.
UniFirst remains independent; no deal reached.

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