Oct. 14 (UPI) -- Long-time hardware retailer True Value announced Monday it has filed for Chapter 11 bankruptcy and is entertaining a bid to sell its assets to competitor Do it Best.

Hardware wholesaler True Value filed for Chapter 11 bankruptcy earlier this week in the midst of a sale to a home improvement rival. The Chicago-based company is planning to sell the business to ...

True Value, based in Chicago, said in a Monday press release that all of its 4,500 stores will remain open during the bankruptcy process because they are independently owned. The 75-year-old ...

True Value, a hardware store brand, filed for Chapter 11 bankruptcy and sold almost all of its operations to a competitor. According to a press release from the company, True Value said it would ...

True Value Co. filed for bankruptcy in Delaware on Monday as it seeks to sell its business to rival Do it Best Corp. The Chicago-based home-improvement company will continue to operate under ...

True Value, based in Chicago, said in a Monday news release that all of its 4,500 stores will remain open during the bankruptcy process because they are independently owned. Reuters reported that ...

Hardware wholesaler True Value has filed for Chapter 11 bankruptcy amid plans to sell its business to its home improvement rival Do It Best. True Value, based in Chicago, said in a Monday press ...

True Value, a hardware store chain, has filed for Chapter 11 bankruptcy and is expected to be acquired by rival Do it Best. Do it Best has offered $153 million for True Value, and the sale is ...

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 ...