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Cintas is One FTC Decision Away From a Monopoly
CTAS stock analysis: Cintas targets 50% market share via $5.5B merger — buy or sell
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In this deep dive, we break down Cintas Corporation (CTAS) and its pending $5.5 billion acquisition of UniFirst, which could consolidate up to 50% of the North American uniform rental market. With shares trading at a premium trailing P/E multiple of 37.8x and gross margins expanding to an all-time high of 50.7%…
The skinny
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