Cintas Corporation provided an update on the regulatory review for its pending merger with UniFirst Corporation. The company has entered into a timing agreement with the U.S. Federal Trade Commission (FTC) and has also updated on the status of the Canadian regulatory review.
Key Details
- FTC Timing Agreement: Cintas and UniFirst agreed not to close the merger before December 11, 2026, unless the FTC concludes its investigation earlier. This follows both companies certifying substantial compliance with the FTC's request for additional information on October 2, 2026.
- Canadian Regulatory Update: Both companies also certified the completion of their response to a Supplementary Information Request from the Canadian Competition Bureau on September 29, 2026.
- Expected Closing: Despite the ongoing regulatory reviews, Cintas stated it continues to expect the merger to close before the end of the 2026 calendar year, subject to customary closing conditions.