True Value files for bankruptcy after 75 years, selling to hardware rival Do It Best
Hardware wholesaler True Value has filed for Chapter 11 bankruptcy amid plans to sell its business to its home improvement ...
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What are the local impacts of True Value filing for bankruptcy? Here's what we know
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 ...
MDM16d
Do it Best Closes True Value Acquisition
The acquisition includes True Value’s inventory, brand rights and paint manufacturing facilities. True Value will operate as ...
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True Value declares bankruptcy and sells itself to a hardware rival
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 ...
The Business Journals1mon
True Value files for bankruptcy protection, will sell itself to competitor
Tenured hardware business True Value Co. LLC announced Monday that it has filed for bankruptcy protection and plans to sell itself to a rival. Chicago-based True Value said it will sell ...
Crain's Chicago Business16d
True Value's $153 million sale to Do It Best clears bankruptcy court
Gifting allows recipients to access the article for free. Less than six weeks after Chicago-based True Value filed for bankruptcy, longtime rival Do It Best completed its acquisition of the home ...
Illinois Policy16d
True Value bankruptcy creates half of 1,790 Illinois layoffs
Nearly half of the Illinois job losses in October resulted from True Value Co. declaring bankruptcy. Chicago led the state for jobs lost.