---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-25-016413"
form_type: "8-K"
ticker: "CTAS"
cik: "0000723254"
company_name: "CINTAS CORP"
filed_at: "2025-12-22T23:59:59+00:00"
generated_at: "2026-05-16T12:29:41.694731+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Cintas proposes to acquire UniFirst for $275/share in cash, valuing UniFirst at ~$5.2B

## Summary
- Cintas proposes $275/share cash for UniFirst, a 64% premium to 90-day avg price as of Dec 11, 2025.
- Total implied value of ~$5.2B; Cintas offers $350M reverse termination fee if antitrust blocks deal.
- No financing contingency; Cintas will use cash on hand and credit lines; no Cintas shareholder approval required.
- UniFirst acknowledged receipt on Dec 16, but no substantive engagement since; Cintas invites immediate discussions.
- Cintas has engaged antitrust lawyers and economists, confident in clear path to regulatory approval.

## SEC filing metadata
- accession: 0000950103-25-016413
- form_type: 8-K
- ticker: CTAS
- cik: 0000723254
- company_name: CINTAS CORP
- filed_at: 2025-12-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723254/000095010325016413/0000950103-25-016413-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723254/000095010325016413/dp239029_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-25-016413
- JSON: https://secwatch.observer/filing/0000950103-25-016413.json
- Plain text: https://secwatch.observer/filing/0000950103-25-016413.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.