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 ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Less than six weeks after Chicago-based True Value filed ...

Wholesale hardware supplier True Value has filed for Chapter 11 bankruptcy and is aiming to be sold by the end of the year to rival Do It Best. True Value retail stores, which are independently owned ...

True Value is the latest retailer to seek bankruptcy protection. The hardware store brand boasts dozens of locations in New Jersey. The Chicago-based company announced the Chapter 11 filing in an Oct.

True Value, a wholesaler that sells merchandise to independently owned hardware stores, is selling many of its assets to rival Do It Best, Inc. The company said the most efficient way to do that is to ...

True Value Co. has informed the state of Ohio that it would close a distribution center in Westlake and lay off 89 workers if it's unable to sell its business in a process initiated in Chapter 11 ...

As True Value tries to win approval to sell “substantially all” of its business operations to Indiana-based home improvement competitor Do It Best, the Chicago-based retailer says it could lay off a ...

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, True Value ...

(Gray News) - A storied hardware company has decided to sell itself to a rival, but to facilitate the sale, it must declare Chapter 11 bankruptcy. True Value, a 75-year-old brand headquartered in ...