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.
Major National Hardware Chain Files For Bankruptcy
True Value Hardware, the iconic hardware store we all grew up with, has just filed for Chapter 11 Bankruptcy. It’s happening time and time again. Companies are having to shut down locations, even entire companies,
Longtime Chicago-based hardware chain files bankruptcy, announces sale to rival
True Value, a 76-year-old hardware store headquartered in Chicago, revealed Monday it filed for bankruptcy and sell its operations.
Hardware store brand declares bankruptcy, agrees to sell to Indiana rival after 75 years
According to CNN, 75-year-old hardware store brand True Value has declared bankruptcy and will sell nearly all of its operations to a rival. True Value confirmed in a press release that it will continue its day-to-day operations of selling homeware and hardware products to its 4,500 independently operated locations through the bankruptcy process.
Hardware company files for bankruptcy protection, will sell itself to competitor
The hardware wholesaler said it will continue its day-to-day operations serving 4,500 independently owned retailers during the bankruptcy process. Those stores are not part of the Chapter 11 proceedings with the exception of one company-owned location.
National home improvement chain files for bankruptcy, sells to rival
True Value, the Chicago-based 75-year-old hardware store chain, has filed for Chapter 11 bankruptcy and will sell "substantially all" of its business operations to industry rival Do It Best Corp, the company announced Monday.
True Value files for bankruptcy in order to sell itself to rival
True Value Co. filed for bankruptcy in Delaware on Monday as it seeks to sell its business to rival Do it Best Corp.
Hardware Retailer True Value Plans Sale To Rival After Bankruptcy Filing
Do it Best Corp.'s $153M offer to buy True Value out of bankruptcy is a stalking horse bid that could create a chain of 8,000 stores.
True Value declares bankruptcy, lines up sale to rival hardware chain
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 Chapter 11 protection from its debts in the U.
Hardware wholesaler True Value files for bankruptcy, plans sale to rival
Wholesaler True Value filed for bankrtupcy Monday and announced its plans to sell to rival Do It Best. True Value retail stores are not included in the bankruptcy.
Hardware wholesaler True Value files for bankruptcy to sell business
Hardware wholesaler True Value Company LLC filed for bankruptcy on Monday, seeking to sell its business to rival Do It Best for $153 million.
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