G K Svcs Inc Cl A (GK) 97.44 $GK INVESTOR ALERT
Post# of 273257
Posted On: 09/03/2016 5:10:53 PM
G K Svcs Inc Cl A (GK) 97.44 $GK
INVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of G&K Services, Inc. And Encourages Shareholders To Contact The Firm For Additional Information
BusinessWire - Thu Aug 25, 9:00PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of G&K Services, Inc. (NASDAQ: GK) ("G&K" or the "Company"
relating to the proposed buyout of G&K by Cintas Corporation.
CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of G&K Services Inc. to Cintas Corp. for $97.50 Per Share is Fair to Shareholders -- GK
PR Newswire - Tue Aug 23, 2:34PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of G&K Services, Inc. And Encourages Investors To Contact The Firm For Additional Information
BusinessWire - Mon Aug 22, 4:28PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of G&K Services, Inc. (NASDAQ: GK) ("G&K" or the "Company" relating to the proposed buyout of G&K by Cintas Corporation.
CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
G&K Services Named One of Selling Power's "50 Best Companies to Sell For" for the Second Consecutive Year
BusinessWire - Mon Aug 22, 6:00AM CDT
G&K Services, Inc. (NASDAQ: GK) a leading provider of uniforms and facility services programs, is pleased to announce that for the second straight year it was named one of the "50 Best Companies to Sell For" by Selling Power magazine, a leading publication for sales professionals. G&K claimed the number 23 position on this year's list, advancing two spots compared to last year.
GK: 97.44 (+0.20)
G&K Services Declares Regular Cash Dividend
BusinessWire - Fri Aug 19, 6:00AM CDT
G&K Services, Inc. (NASDAQ: GK) announced today that its Board of Directors has declared a quarterly dividend of $0.39 per share, an increase of five percent from its previous quarterly dividend rate of $0.37 per share. The dividend will be payable on September 23, 2016 to shareholders of record at the close of business on September 8, 2016. This marks G&K's eleventh consecutive year with a dividend increase.
GK: 97.44 (+0.20)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation into Whether the Sale of G&K Services Inc. to Cintas Corp. for $97.50 Per Share is Fair to Shareholders
BusinessWire - Thu Aug 18, 2:30PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
G&K SERVICES INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of G&K Services
PR Newswire - Thu Aug 18, 12:39PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF" are investigating the proposed sale of G&K Services, Inc. ("G&K" or the "Company" (NASDAQ: GK) to Cintas Corporation (NASDAQ: CTAS). Under the terms of the proposed transaction, shareholders of G&K will receive only $97.50 in cash for each share of G&K that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
G&K SERVICES, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Cintas Corporation
BusinessWire - Thu Aug 18, 11:36AM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of G&K Services, Inc. ("G&K" (NASDAQ: GK) concerning the sale to Cintas Corporation. Under the terms of the agreement, G&K shareholders will only receive $97.50 for each share owned, which is virtually no premium over the 52-week high and lower than at least one analyst's estimated value of $98.00 per share.
CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
Ryan & Maniskas, LLP Announces Investigation of G&K Services Inc.
PR Newswire - Thu Aug 18, 9:45AM CDT
Ryan & Maniskas, LLP is investigating potential claims against the board of directors of G&K Services Inc. ("G&K" or the "Company" (NASDAQ: GK) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Cintas Corporation in a transaction valued at approximately $2.2 billion.
CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
Harwood Feffer LLP Announces Investigation of G&K Services, Inc.
PR Newswire - Wed Aug 17, 4:25PM CDT
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of G&K Services, Inc. ("G&K" or the "Company" (NASDAQ: GK) concerning the proposed acquisition of the Company by Cintas Corporation ("Cintas".
GK: 97.44 (+0.20)
G&K (GK) ALERT: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of G&K Services, Inc.; Are Shareholders Getting a Fair Price?
PR Newswire - Wed Aug 17, 7:38AM CDT
Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of G&K Services, Inc. (NASDAQ: GK) breached their fiduciary duties in connection with the proposed sale of the Company to Cintas Corporation (NASDAQ: CTAS). G&K provides branded uniform and facility services programs.
CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
Strength seen in G&K Services (GK): Stock Soars 17.7%
Zacks Equity Research - Zacks Investment Research - Wed Aug 17, 7:30AM CDT
G&K Services Inc. (GK) shares rose over 17% in the last trading session.
CBZ: 11.23 (unch), GK: 97.44 (+0.20)
Cintas (CTAS) to Acquire G&K Services to Foster Growth
Zacks Equity Research - Zacks Investment Research - Wed Aug 17, 6:49AM CDT
Cintas Corporation (CTAS) recently inked a definitive agreement to acquire rival G&K Services Inc. (GK) to fuel its growth momentum.
CBZ: 11.23 (unch), CTAS: 118.84 (+1.14), GK: 97.44 (+0.20), CRAI: 26.73 (+0.21)
TJX and Hain Celestial stumble, G&K Services surges
AP - Tue Aug 16, 3:57PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday:
KMI: 21.92 (+0.31), VRTX: 95.11 (+0.36), DKS: 59.03 (+0.24), GK: 97.44 (+0.20), PX: 123.44 (+0.59)
G&K SERVICES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
BusinessWire - Tue Aug 16, 9:15AM CDT
Rigrodsky & Long, P.A.:
GK: 97.44 (+0.20)
G&K Services Announces Agreement to Be Acquired by Cintas in $2.2 Billion All-Cash Transaction; Reports Record Fiscal 2016 Fourth Quarter Results
BusinessWire - Tue Aug 16, 7:35AM CDT
--Purchase Price Represents Nearly 20 Percent Premium to the Stock's All-Time Closing High and 14.0x LTM EBITDA Multiple(1)
CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
Cintas Corporation to Acquire G&K Services
BusinessWire - Tue Aug 16, 7:30AM CDT
Cintas Corporation (Nasdaq:CTAS) and G&K Services, Inc. (Nasdaq:GK) today announced that they have entered into a definitive agreement under which Cintas will acquire all outstanding shares of G&K Services for $97.50 per share in cash, for a total enterprise value of approximately $2.2 billion, including acquired net debt. The purchase price represents a premium of about 19 percent to the closing price per share of G&K Service's common stock on August 15, 2016. G&K Services, with annual revenue of approximately $1 billion, is a service-focused market leader of branded uniform and facility services programs in the United States and Canada.
CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
Industrial Stocks' Earnings for Next Week: GK, SITE & More
Zacks Equity Research - Zacks Investment Research - Fri Aug 12, 6:47AM CDT
What's in Store for 4 Industrial Stocks, GK, SITE, ALRM, SCSC, for Apr-Jun 2016?
SITE: 37.95 (+0.01), SCSC: 35.79 (unch), GK: 97.44 (+0.20), ALRM: 28.00 (+0.12)
Alamo Group Inc. Announces The Appointment Of A New Board Member
PR Newswire - Thu Aug 04, 3:16PM CDT
Alamo Group Inc.'s (NYSE: ALG) Board of Directors is pleased to announce the appointment of a new independent director to its Board, Tracy C. Jokinen, effective August 4, 2016. Concurrent with the appointment Alamo Group has expanded its Board from seven to eight members. This addition is being made in response to the anticipated departure of Helen W. Cornell from the Board who has expressed interest in retiring from the Board prior to the end of the year as a result of her new responsibilities since assuming the job of President and CEO of Owensboro Grain Company earlier this year.
GK: 97.44 (+0.20), ALG: 65.16 (+0.74)
INVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of G&K Services, Inc. And Encourages Shareholders To Contact The Firm For Additional Information
BusinessWire - Thu Aug 25, 9:00PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of G&K Services, Inc. (NASDAQ: GK) ("G&K" or the "Company"
relating to the proposed buyout of G&K by Cintas Corporation. CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning Whether the Sale of G&K Services Inc. to Cintas Corp. for $97.50 Per Share is Fair to Shareholders -- GK
PR Newswire - Tue Aug 23, 2:34PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of G&K Services, Inc. And Encourages Investors To Contact The Firm For Additional Information
BusinessWire - Mon Aug 22, 4:28PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of G&K Services, Inc. (NASDAQ: GK) ("G&K" or the "Company"
relating to the proposed buyout of G&K by Cintas Corporation. CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
G&K Services Named One of Selling Power's "50 Best Companies to Sell For" for the Second Consecutive Year
BusinessWire - Mon Aug 22, 6:00AM CDT
G&K Services, Inc. (NASDAQ: GK) a leading provider of uniforms and facility services programs, is pleased to announce that for the second straight year it was named one of the "50 Best Companies to Sell For" by Selling Power magazine, a leading publication for sales professionals. G&K claimed the number 23 position on this year's list, advancing two spots compared to last year.
GK: 97.44 (+0.20)
G&K Services Declares Regular Cash Dividend
BusinessWire - Fri Aug 19, 6:00AM CDT
G&K Services, Inc. (NASDAQ: GK) announced today that its Board of Directors has declared a quarterly dividend of $0.39 per share, an increase of five percent from its previous quarterly dividend rate of $0.37 per share. The dividend will be payable on September 23, 2016 to shareholders of record at the close of business on September 8, 2016. This marks G&K's eleventh consecutive year with a dividend increase.
GK: 97.44 (+0.20)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation into Whether the Sale of G&K Services Inc. to Cintas Corp. for $97.50 Per Share is Fair to Shareholders
BusinessWire - Thu Aug 18, 2:30PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
G&K SERVICES INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of G&K Services
PR Newswire - Thu Aug 18, 12:39PM CDT
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF"
are investigating the proposed sale of G&K Services, Inc. ("G&K" or the "Company" (NASDAQ: GK) to Cintas Corporation (NASDAQ: CTAS). Under the terms of the proposed transaction, shareholders of G&K will receive only $97.50 in cash for each share of G&K that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
G&K SERVICES, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Cintas Corporation
BusinessWire - Thu Aug 18, 11:36AM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of G&K Services, Inc. ("G&K"
(NASDAQ: GK) concerning the sale to Cintas Corporation. Under the terms of the agreement, G&K shareholders will only receive $97.50 for each share owned, which is virtually no premium over the 52-week high and lower than at least one analyst's estimated value of $98.00 per share. CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
Ryan & Maniskas, LLP Announces Investigation of G&K Services Inc.
PR Newswire - Thu Aug 18, 9:45AM CDT
Ryan & Maniskas, LLP is investigating potential claims against the board of directors of G&K Services Inc. ("G&K" or the "Company"
(NASDAQ: GK) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Cintas Corporation in a transaction valued at approximately $2.2 billion. CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
Harwood Feffer LLP Announces Investigation of G&K Services, Inc.
PR Newswire - Wed Aug 17, 4:25PM CDT
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of G&K Services, Inc. ("G&K" or the "Company"
(NASDAQ: GK) concerning the proposed acquisition of the Company by Cintas Corporation ("Cintas". GK: 97.44 (+0.20)
G&K (GK) ALERT: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of G&K Services, Inc.; Are Shareholders Getting a Fair Price?
PR Newswire - Wed Aug 17, 7:38AM CDT
Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of G&K Services, Inc. (NASDAQ: GK) breached their fiduciary duties in connection with the proposed sale of the Company to Cintas Corporation (NASDAQ: CTAS). G&K provides branded uniform and facility services programs.
CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
Strength seen in G&K Services (GK): Stock Soars 17.7%
Zacks Equity Research - Zacks Investment Research - Wed Aug 17, 7:30AM CDT
G&K Services Inc. (GK) shares rose over 17% in the last trading session.
CBZ: 11.23 (unch), GK: 97.44 (+0.20)
Cintas (CTAS) to Acquire G&K Services to Foster Growth
Zacks Equity Research - Zacks Investment Research - Wed Aug 17, 6:49AM CDT
Cintas Corporation (CTAS) recently inked a definitive agreement to acquire rival G&K Services Inc. (GK) to fuel its growth momentum.
CBZ: 11.23 (unch), CTAS: 118.84 (+1.14), GK: 97.44 (+0.20), CRAI: 26.73 (+0.21)
TJX and Hain Celestial stumble, G&K Services surges
AP - Tue Aug 16, 3:57PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday:
KMI: 21.92 (+0.31), VRTX: 95.11 (+0.36), DKS: 59.03 (+0.24), GK: 97.44 (+0.20), PX: 123.44 (+0.59)
G&K SERVICES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
BusinessWire - Tue Aug 16, 9:15AM CDT
Rigrodsky & Long, P.A.:
GK: 97.44 (+0.20)
G&K Services Announces Agreement to Be Acquired by Cintas in $2.2 Billion All-Cash Transaction; Reports Record Fiscal 2016 Fourth Quarter Results
BusinessWire - Tue Aug 16, 7:35AM CDT
--Purchase Price Represents Nearly 20 Percent Premium to the Stock's All-Time Closing High and 14.0x LTM EBITDA Multiple(1)
CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
Cintas Corporation to Acquire G&K Services
BusinessWire - Tue Aug 16, 7:30AM CDT
Cintas Corporation (Nasdaq:CTAS) and G&K Services, Inc. (Nasdaq:GK) today announced that they have entered into a definitive agreement under which Cintas will acquire all outstanding shares of G&K Services for $97.50 per share in cash, for a total enterprise value of approximately $2.2 billion, including acquired net debt. The purchase price represents a premium of about 19 percent to the closing price per share of G&K Service's common stock on August 15, 2016. G&K Services, with annual revenue of approximately $1 billion, is a service-focused market leader of branded uniform and facility services programs in the United States and Canada.
CTAS: 118.84 (+1.14), GK: 97.44 (+0.20)
Industrial Stocks' Earnings for Next Week: GK, SITE & More
Zacks Equity Research - Zacks Investment Research - Fri Aug 12, 6:47AM CDT
What's in Store for 4 Industrial Stocks, GK, SITE, ALRM, SCSC, for Apr-Jun 2016?
SITE: 37.95 (+0.01), SCSC: 35.79 (unch), GK: 97.44 (+0.20), ALRM: 28.00 (+0.12)
Alamo Group Inc. Announces The Appointment Of A New Board Member
PR Newswire - Thu Aug 04, 3:16PM CDT
Alamo Group Inc.'s (NYSE: ALG) Board of Directors is pleased to announce the appointment of a new independent director to its Board, Tracy C. Jokinen, effective August 4, 2016. Concurrent with the appointment Alamo Group has expanded its Board from seven to eight members. This addition is being made in response to the anticipated departure of Helen W. Cornell from the Board who has expressed interest in retiring from the Board prior to the end of the year as a result of her new responsibilities since assuming the job of President and CEO of Owensboro Grain Company earlier this year.
GK: 97.44 (+0.20), ALG: 65.16 (+0.74)
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