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Home›Earnings›Results›FTC Puts A Wrinkle In the Cintas and UniFirst Merger

FTC Puts A Wrinkle In the Cintas and UniFirst Merger

Reported · Written up by our desk · Results

The FTC may sue to block Cintas's $5.5 billion bid for UniFirst, widening the arbitrage spread. A collapsed deal would cost Cintas a $350 million fee, while UniFirst loses its acquisition premium.

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Sources

MarketBeat RatingsFTC Puts A Wrinkle In the Cintas and UniFirst Merger

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