Wholesale hardware supplier True Value files bankruptcy
True Value hardware store files bankruptcy, to be sold to Do it Best. How it affects Ohio
True Value has filed for bankruptcy, joining a line of other retailers with Ohio locations to make the financial move. Here's how that affects Ohio.
Hardware store True Value files Chapter 11, joins list of retailers going into bankruptcy this year
The long-standing home-improvement wholesaler says its 4,500 locations will stay open as the company sells its operations to rival Do It Best. A long-standing hardware wholesaler, True Value, is filing for bankruptcy.
True Value files for bankruptcy after 75 years, selling to hardware rival Do It Best
Hardware wholesaler True Value has filed for bankruptcy amid plans to sell its business to its home improvement rival Do It Best.
Hardware wholesaler True Value files for bankruptcy after 75 years in business
True Value said in a news release it will continue its day-to-day operations serving 4,500 independently owned retailers while going through the voluntary Chapter 11 proceedings.
Hardware chain with 4,500 stores files for bankruptcy
True Value announced that the company has filed for Chapter 11 bankruptcy and has accepted an offer to sell its business to Do It Best.
Chicago-based True Value hardware files for bankruptcy, agrees to sell to Do it Best
But the hardware retailer's 4,500 member stores are independently owned and will continue day-to-day operations.
Hardware store chain with Mass. locations files for bankruptcy after 75 years
The company has announced plans to sell to a competitor as part of a $153 million 'stalking horse bid' included in its Chapter 11 proceedings.
True Value’s bankruptcy filing won’t hurt Idaho Falls hardware store
IDAHO FALLS, Idaho (KIFI) - True Value, a wholesale hardware supplier, filed for bankruptcy and plans to sell to its rival company, Do It Best. Brian Rocknak, owner of Rocknak’s Hardware Plus in Idaho Falls, says this change will not affect his business. His store purchases through True Value, but did not brand with the supplier.
True Value declares bankruptcy and sells itself to a hardware rival
True Value files bankruptcy, but customers will notice few changes at central Iowa stores
Fort Wayne, Indiana-based Do It Best, another hardware chain, has agreed to serve as a "stalking horse" bidder for True Value's assets while True Value remains open to higher offers. Should it end up buying out True Value,
True Value files for bankruptcy: Will Oklahoma stores be affected? What to know
Reuters reported that the 75-year-old company initiated the proceedings to enter into an agreement with Do It Best, which has offered to pay $153 million in cash to purchase the business.
'Business as usual': True Value's filing no concern for Wayne, Pike stores, owners say
Locally owned True Value hardware stores in Wayne and Pike counties aren't hurt by the corporation's bankruptcy filing, ...
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