FTC antitrust review threatens Cintas-UniFirst merger amid UniFirst's declining earnings and cash flow.

The Federal Trade Commission's antitrust review is putting the completion of the Cintas Corporation's acquisition of UniFirst Corporation at risk. UniFirst's financial performance shows a 2.9% decline in adjusted EBITDA for fiscal year 2026 and a roughly 50% drop in free cash flow, making the company less attractive as an investment. While the merger spread could offer potential gains, the failure of the deal could lead to significant losses for investors. This situation highlights the risks involved in pending mergers under regulatory scrutiny and the importance of careful due diligence by investors.

Cintas Corporation (CTAS) trades at USD 224.42 on Pluang as of Oct 22, 2026 23:02 WIB. The stock gained 1.94% in one day, with a market cap of $87.42 billion. Pluang users are currently 100% selling CTAS shares, reflecting cautious sentiment amid the merger uncertainty.