True Value has filed for Chapter 11 bankruptcy and plans to sell the business to wholesale company Do It Best. Do It Best has offered to pay $153 million in cash to purchase True Value, according to ...
CHICAGO — True Value, the 75-year-old hardware store chain, has filed for Chapter 11 bankruptcy, the Chicago-based company announced Monday. True Value will sell “substantially all” of its business ...
LANSING — Hardware wholesaler True Value, which includes multiple affiliate stores in the Greater Lansing area, has filed for Chapter 11 bankruptcy amid plans to sell its business to its home ...
True Value, a 76-year-old hardware store, revealed Monday it filed for bankruptcy and intends to sell substantially all of its business operations to a rival. The nationwide retailer, writing in a ...
Chicago-based True Value said it will sell substantially all of the company's business operations to Fort Wayne, Indiana-based home-improvement company Do it Best Corp. From the Chicago Business ...
Chicago-based hardware retailer True Value, which filed for Chapter 11 bankruptcy last week, could lay off nearly 900 employees in Illinois alone if the company isn’t sold during bankruptcy ...
Six years ago, True Value was fresh off a $229 million private-equity infusion, with plans to open distribution centers and invest in its supply chain. But after product shortages fizzled the pandemic ...
NEW YORK — True Value, a 75-year old hardware store brand, has filed for bankruptcy and is selling substantially all of its operations to a rival, the company announced Monday. In a press release, ...