HireQuest offers $105M cash to buy TrueBlue's People-Ready on-demand segment

HireQuest, Inc.

Proposal to acquire certain assets of TrueBlue's People-Ready segment for $105M in cash.
HQI says offer equals $3.45 per TrueBlue share based on recent proxy filing.
Previous all-company offers at $7.50-$12.30/share in 2025 were rejected by TBI board.
HQI states on-demand business is underperforming and complementary to its HireQuest Direct division.
HQI exploring all options; no deal yet with TrueBlue.

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