Deals and IPOs

Cintas Corp to buy G&K Services for $2.2 billion

Cintas provides uniform and cleaning services for businesses.
Can Pac Swire | Flickr CC

Cintas, which sells and leases uniforms, said it would buy G&K Services for about $2.2 billion, including debt.

Cintas's offer of $97.50 per share represents a premium of about 19 percent to G&K's Monday close.