HireQuest Inc. Presses On with $7.50 Per Share Acquisition Offer Despite TrueBlue's Rejection

Reuters
19 May
HireQuest Inc. Presses On with $7.50 Per Share Acquisition Offer Despite <a href="https://laohu8.com/S/TBI">TrueBlue</a>'s Rejection

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HireQuest Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1029158) on May 19, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10