UniFirst in active talks to be acquired by Cintas, Bloomberg reports

After years of on and off attempts at a potential deal, UniFirst (UNF) is in active discussions to be acquired by Cintas (CTAS), people familiar with the matter told Bloomberg’s Liana Baker, Dinesh Nair and David Carnevali. The uniform-maker is engaging with Cintas after its larger rival resubmitted a $275 per share takeover offer in December, the sources said. In pre-market trading, shares of UniFirst have jumped 15% to $229.99.