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Cintas Corp (CTAS.O)

CTAS.O on Nasdaq

116.65USD
2 Dec 2016
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Tue, Oct 18 2016

BRIEF-Cintas Corp approves $1.33 per share annual dividend

* Cintas Corp - board of directors approved a $1.33 per share annual dividend Source text for Eikon: Further company coverage:

BRIEF- Each of Cintas and G&K Services received a request for additional information from FTC

* On September 29, 2016, each of Cintas and G&K Services received a request for additional information and documentary material from FTC

BRIEF-G&K Services, Cintas received request for additional information from FTC on Sept. 29 - SEC Filing

* Says parties expect merger to be completed not later than q2 of calendar year 2017 - SEC Filing

BRIEF-Cintas sees FY 2017 revenue $5.16 bln to $5.225 bln

* Cintas corporation announces fiscal 2017 first quarter results

BRIEF-Cintas Corp says co and unit entered into a US$600 mln revolving credit facility

* Says facility contains a letter of credit sub-facility of up to us$200 million and a us$250 million term loan facility

BRIEF-G&K Services says termination fee under some conditions is $60 mln

* If deal is terminated due to failure to obtain antitrust approval, then Cintas to pay G&K Services a termination fee of $100 million

Facilities manager Cintas to buy rival G&K in $2.2 billion deal

Cintas Corp , which provides uniforms and related services to a variety of industries, said it would buy smaller rival G&K Services Inc for about $2.2 billion, including debt, to strengthen its presence in North America.

UPDATE 2-Facilities manager Cintas to buy rival G&K in $2.2 bln deal

* Cintas price fair price, deal a smart financial move-analyst

BRIEF-G&K Services may be required to pay cintas termination fee of $60 mln on termination of deal

* In connection with termination of deal under specified circumstances, co may be required to pay Cintas termination fee of $60 million

BRIEF-G&K Services agrees to be acquired by Cintas in $2.2 bln deal

* Announces Agreement To Be Acquired By Cintas In $2.2 Billion All Cash transaction; reports record fiscal 2016 fourth quarter results

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