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CTAS
NASDAQ Manufacturing

Cintas and UniFirst Agree with FTC Not to Close Merger Before December 11

Arie Shkolnikov · Analysis by Wiseek AI
More coverage: Business Services Stocks · Industrial
Sentiment info
Neutral
Importance info
7
Price
$195.002
Mkt Cap
$78.521B
52W Low
$161.16
52W High
$219.165
52W Position info
21% above low
Off High info
11% below high
Rel. Volume info
0.5× avg
Market data snapshot near publication time

CTAS sits 21% above its 52-week low of $161.16.

Summary

Cintas and UniFirst signed a timing agreement with the FTC preventing the merger from closing before December 11, 2026, while certifying compliance with U.S. and Canadian antitrust information requests.


Key Events · M&A and Partnerships · CTAS

  • FTC Timing Agreement Signed

    On October 2, 2026, Cintas and UniFirst agreed with the FTC not to consummate the merger before December 11, 2026, unless the FTC closes its investigation earlier.

  • FTC Second Request Compliance Certified

    Both companies certified substantial compliance with the FTC's Second Request on October 2, 2026, a key step toward completing U.S. antitrust review.

  • Canadian Competition Bureau Response Completed

    Cintas and UniFirst certified completion of their response to the Canadian Competition Bureau's Supplementary Information Request on September 29, 2026.

  • Closing Timeline Constrained

    The timing agreement sets December 11, 2026, as the earliest possible closing date, though Cintas continues to expect the merger to close before the end of calendar 2026.


Analysis · CTAS · Manufacturing

A timing agreement with the FTC now prevents Cintas and UniFirst from consummating their $5.5 billion merger before December 11, 2026, unless the FTC closes its investigation earlier. On October 2, 2026, both companies certified substantial compliance with the FTC's Second Request, and on September 29, 2026, they completed their response to the Canadian Competition Bureau's Supplementary Information Request. This is a meaningful regulatory milestone: the timing agreement effectively sets a floor on the earliest possible closing date and signals that antitrust review is in its final stages. Cintas continues to expect the merger to close before the end of calendar 2026, but the December 11 date introduces a concrete constraint that investors should track.

How filings like this one have moved

In the 30 days to Oct 6, 2026, 28.9% of the 1573 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.

Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset

At the time of this filing, CTAS was trading at $195.00 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $78.5B. The 52-week trading range was $161.16 to $219.17. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.

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CTAS - Latest Insights

CTAS
Sep 23, 2026, 9:04 AM EDT
Source: Dow Jones Newswires
Importance Score:
8
Price at Filing: $196.82
Real-time Price: $195.00 info
Change: -$1.82 (-0.92%) info
Market Cap: $78.521B info
CTAS
Sep 23, 2026, 8:31 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $195.30
Real-time Price: $195.00 info
Change: -$0.2978 (-0.15%) info
Market Cap: $78.521B info
CTAS
Jul 29, 2026, 3:37 PM EDT
Filing Type: 10-K
Importance Score:
7
Price at Filing: $216.91
Real-time Price: $195.00 info
Change: -$21.91 (-10%) info
Market Cap: $78.521B info
CTAS
Jul 20, 2026, 7:21 AM EDT
Source: Wiseek News
Importance Score:
8
Price at Filing: $204.99
Real-time Price: $195.00 info
Change: -$9.99 (-5%) info
Market Cap: $78.521B info
CTAS
Jul 15, 2026, 8:31 AM EDT
Filing Type: 8-K
Importance Score:
7
Price at Filing: $187.00
Real-time Price: $195.00 info
Change: +$8.00 (+4%) info
Market Cap: $78.521B info