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 ...

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, 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, 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 ...

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 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 ...

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.

True Value said in a news release it will continue its day-to-day operations serving 4,500 independently owned retailers while going through the voluntary Chapter 11 proceedings.