TrueBlue Board of Directors Unanimously Rejects Unsolicited Proposal from HireQuest [Yahoo! Finance]
HireQuest, Inc. (HQI)
Company Research
Source: Yahoo! Finance
TACOMA, Wash., May 13, 2025 BUSINESS WIRE )--TrueBlue (NYSE: TBI), a leading provider of specialized workforce solutions, today announced that its Board of Directors (the "Board") unanimously rejected an unsolicited, non-binding proposal from HireQuest, Inc., regarding a potential all-stock proposal to acquire all common shares of TrueBlue at $7.50 per share. Following careful evaluation and consistent with its fiduciary duties, the Board declined HireQuest's proposal. Prior to this latest offer, in February 2025, the Board previously considered, and rejected, an unsolicited, non-binding proposal from HireQuest at a price of up to $12.30 per share of TrueBlue. HireQuest's latest proposal to acquire TrueBlue at $7.50 per share, which was received on May 9, 2025, represents an opportunistic attempt to acquire the Company and significantly undervalues the business and its potential. The Board is committed to maximizing value for all shareholders and believes that the proposed transa
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HQI
News
- Investors Could Be Concerned With HireQuest's (NASDAQ:HQI) Returns On Capital [Yahoo! Finance]Yahoo! Finance
- HireQuest Announces $20 Million Share Repurchase ProgramPR Newswire
- HireQuest, Inc.'s (NASDAQ:HQI) Dismal Stock Performance Reflects Weak Fundamentals [Yahoo! Finance]Yahoo! Finance
- HireQuest (NASDAQ:HQI) was given a new $15.00 price target on by analysts at DA Davidson.MarketBeat
- HireQuest Announces Ownership Structure Change of MRINetwork to a New Leadership Group of Franchise Owners [Yahoo! Finance]Yahoo! Finance
HQI
Earnings
- 11/6/25 - Beat
HQI
Sec Filings
- 12/17/25 - Form 8-K
- 12/12/25 - Form 4/A
- 12/1/25 - Form 8-K
- HQI's page on the SEC website