HireQuest Inc., a staffing solutions franchisor, has responded to TrueBlue Inc.'s rejection of its acquisition proposal valued at $7.50 per share. Despite the rejection, HireQuest believes in the strategic and financial benefits of the proposed merger. CEO Rick Hermanns highlighted the decline in TrueBlue's financial performance and emphasized that HireQuest's franchise model could reverse this trend. HireQuest remains open to increasing their offer and potentially adding a cash component if TrueBlue engages in discussions. The company is directly appealing to TrueBlue's shareholders to consider the potential advantages of the merger.
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