The stock market is on track for a higher opening this morning as the AI trade looks to extend strength from the back half of last week.
Headlines are relatively quiet to start the holiday-abbreviated week, though there are several corporate news items of note.
UniFirst (UNF 217.65, +47.49, +27.9%) confirms it is to be acquired by Cintas (CTAS 186.10, -1.47, -0.8%) for $275.00 per share in cash. The Proposal, which was delivered to the UniFirst Board on December 12, 2025, implies a total value for UniFirst of approximately $5.2 billion and offers UniFirst shareholders a 64% premium to UniFirst's ninety-day average closing price as of December 11, 2025.