TrueBlue Jumps 6% on $105M HireQuest Offer

TrueBlue stock rose about 6% in after‑hours trading after HireQuest proposed a $105 million cash deal for PeopleReady’s on‑demand assets.
The offer values the targeted segment at $3.45 per share, excluding skilled and solar/renewable staffing businesses.
HireQuest, pursuing TrueBlue since 2025, previously made offers of $7.50‑$12.30 per share, all rejected by the board.
CEO Richard Hermanns said the cash could help TrueBlue repay debt, fund growth or issue a special dividend.