Trueblue adopts limited duration shareholder rights agreement

Tacoma, wash.--(business wire)--trueblue (nyse: tbi), a leading provider of specialized workforce solutions, today announced that its board of directors (the “board”) has unanimously resolved to adopt a limited duration shareholder rights agreement (the “rights agreement”) to protect shareholder interests. the rights agreement is in response to the unsolicited proposal from hirequest, inc. (nasdaq: hqi) to acquire all common stock of trueblue at $7.50 per share. the rights agreement is intended.
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