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Cintas to Buy Uniform Maker UniFirst in $5.5 Billion Deal

11. März 2026 um 10:45
Cintas Corp. agreed to buy UniFirst Corp. in a cash-and-stock deal valuing the uniform supplier at $5.5 billion, clinching a years-long pursuit of its rival.

Cintas Corp. has agreed to buy UniFirst Corp. in a cash-and-stock deal valuing the uniform supplier at $5.5 billion. Photographer: Smith Collection/Gado/Getty Images

Starboard Takes $350 Million CarMax Stake, Seeks Board Seats

Starboard Value LP has amassed a stake of about $350 million in CarMax Inc. and sees an opportunity to accelerate the used car retailer’s turnaround under incoming Chief Executive Officer Keith Barr.

A BMW M8 vehicle at a CarMax dealership in Pleasant Hill, California, US, on Wednesday, Dec. 18, 2024. CarMax is scheduled to release earnings figures on December 19. Photographer: David Paul Morris/Bloomberg
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