UniFirst Shareholders Approve Transaction with Cintas
WILMINGTON, Mass. — UniFirst Corp. reports that during its June special meeting of shareholders, an overwhelming majority of UniFirst shareholders voted to approve the company’s pending acquisition by Cintas Corp.
Under the terms of the agreement, UniFirst shareholders will receive $155.00 in cash and 0.7720 shares of Cintas stock for each UniFirst share they own.
“We appreciate the strong support of our shareholders, whose approval marks an important milestone toward completing our transaction with Cintas,” says Joseph M. Nowicki, chairman of the UniFirst Board of Directors. “Together with Cintas, UniFirst will be well positioned to deliver meaningful benefits for all of our stakeholders and the communities we serve, while unlocking additional opportunities for growth, advancing innovation and maximizing value for our shareholders.”
Over 99% of votes cast were in favor of the merger agreement, representing approximately 95% of all outstanding UniFirst shares of common stock and shares of Class B common stock, voting together as a single class.
The voting results, as certified by an independent inspector of election, are available on a Form 8-K filed with the U.S. Securities and Exchange Commission.
UniFirst continues to expect the transaction to close in the second half of calendar 2026, subject to customary closing conditions and the receipt of certain regulatory approvals.
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