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 ...
How improvement and DIY chain True Value has filed for bankruptcy, and will be sold to a competitor, and in the process, has put the fate of 110+ Pennsylvania True Value locations — including the one ...
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 ...
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 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 ...
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The 75-year-old brand, whose stores are largely excluded from the bankruptcy, is seeking court approval to sell itself to rival Do it Best for $153 million. Court documents show that True Value’s top ...
True Value, a national hardware retailer whose roots go back more than 70 years, said Monday that it has declared bankruptcy and will sell itself to a competitor. The Chicago-based company filed for ...
STATEN ISLAND, N.Y. -- The True Value Company, one of the world’s leading hardware wholesalers, has announced it has initiated Chapter 11 bankruptcy proceedings and will sell a substantial portion of ...