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As part of the filing, most of the privately held retailer's assets will be acquired by home improvement rival Do it Best. True Value, which was founded in 1948, said it will continue providing ...

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 hardware store chain, has filed for Chapter 11 bankruptcy and is expected to be acquired by rival Do it Best. Do it Best has offered $153 million for True Value, and the sale is ...

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Fort Wayne-based Do it Best is looking to buy True Value out of bankruptcy. Chicago-based True Value, a wholesaler of hardware and home improvement goods, has stores in Crown Point, Cedar Lake and ...

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Do it Best announced ... buyers emerge, seeking True Value’s business assets. Through email, the company said it needs “to let the bankruptcy filing run its course.” True Value said it ...

True Value, a 75-year old Chicago-based hardware retailer, has entered into an agreement to sell “substantially all of the company’s business operations” to rival Do It Best and has also begun Chapter ...

While fellow hardlines distribution organizations look to court True Value retailers amid the wholesaler’s bankruptcy and pending sale to Do it Best Corp., the latter has responded with a message of ...