UniFirst Shareholders Overwhelmingly Approve Sale to Cintas

By Greg Peters • Friday, June 12 16:08 • Permanent Link

UniFirst shareholders overwhelmingly approved the company’s pending sale to Cintas, with more than 99% of votes cast in favor of the merger agreement at yesterday’s special meeting. The votes represented about 95% of all outstanding UniFirst common and Class B shares voting together as one class.

Under the deal terms, UniFirst shareholders will receive $155.00 in cash and 0.7720 shares of Cintas stock for each UniFirst share.

UniFirst said it still expects the transaction to close in the second half of calendar 2026, pending customary closing conditions and certain regulatory approvals. The market has reacted to these announcements by moving the company's shares -3.68% to a price of $265.50. For more information, read the company's full 8-K submission here.

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