Cintas (CTAS), which resubmitted a $275 per share takeover offer in December for uniform company UniFirst (UNF), is nearing an acquisition agreement and a deal could be announced as soon as next week, people familiar with the matter told Bloomberg’s David Carnevali, Ryan Gould and Dinesh Nair. The companies are currently discussing a price that would exceed the $275 per share offer, the sources said. Following the report, shares of Cintas are up about 2% and those of UniFirst have jumped 13%.
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