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Security Profile
- Security Type
- Common Stock
- CUSIP
- 172908105
- Market Cap
- Large Cap
Business: Cintas Corporation provides highly specialized products and services to businesses of all types throughout the North America, Latin America, Europe and Asia. The Company operates in four segments: Rental Uniforms and Ancillary Products, Uniform Direct Sales, First Aid, Safety and Fire Protection Services, and Document Management Services.
Notes: August 16, 2016 -- Cintas Corporation (Nasdaq:CTAS) and G&K Services, Inc. (Nasdaq:GK) today announced that they have entered into a definitive agreement under which Cintas will acquire all outstanding shares of G&K Services for $97.50 per share in cash, for a total enterprise value of approximately $2.2 billion, including acquired net debt. The purchase price represents a premium of about 19 percent to the closing price per share of G&K Service’s common stock on August 15, 2016. G&K Services, with annual revenue of approximately $1 billion, is a service-focused market leader of branded uniform and facility services programs in the United States and Canada.
Company Contact
- CEO
- Todd M. Schneider
- CFO
- J. Michael Hansen
- Headquarters
- 6800 Cintas Blvd., Cincinnati, OH 45262
- Phone
- 513-459-1200
- Investor Relations
- J. Michael Hansen · 513-701-2079 · hansenm@cintas.com