• HireQuest offered to buy the On-Demand segment of TrueBlue’s PeopleReady business for USD 105 million in cash.
• TrueBlue’s board unanimously rejected the unsolicited, non-binding proposal received on May 12, 2026, calling it a material undervaluation.
• The board also cited improved territory performance, stronger weekly trends, and growth in local account activity at On-Demand.
• Barclays is advising TrueBlue, with Sidley Austin serving as legal counsel.

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. TrueBlue Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260527273153) on May 27, 2026, and is solely responsible for the information contained therein.