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 ...

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 ...

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 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 ...

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 Do It ...

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HANOVER TWP. – The giant True Value Distribution Center in Hanover Twp. will permanently shutter Dec. 7 and its 269 workers will lose their jobs if the company’s proposal to sell to a competitor is ...

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 ...

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 ...

(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 ...