Acquisition ChallengesThe UNF Board rejected CTAS's offer and even declined to meet with the company, indicating challenges in advancing the acquisition.
Regulatory ScrutinyThe potential acquisition may face close scrutiny from regulatory bodies due to the significant consolidation it would cause in the industry.
Valuation ConcernsThe stock experienced a significant decline following the earnings call due to its high valuation, strong year-to-date performance, and a slight reduction in organic growth guidance.