CTAS UniFirst Acquisition Delayed to at Least December 11, 2026, After FTC 'Second Request'
· The NYC Memo
Cintas Corporation (CTAS) reported its UniFirst Corporation acquisition, valued at approximately $5.5 billion, received an FTC 'Second Request' and entered into a timing agreement. This regulatory action postponed the expected closing date to at least December 11, 2026. For Q1 FY2027, total revenue increased 10.9% to $3,014.0 million, with organic revenue growth at 8.9%.