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True Value, Do it Best
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 rival Do It Best. True Value, based in Chicago, said in a Monday press release that all of its 4,
True Value files for bankruptcy as Do it Best bids to acquire assets
Long-time hardware retailer True Value announced Monday it has filed for Chapter 11 bankruptcy and is entertaining a bid to sell its assets to competitor Do it Best.
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.
True Value declares bankruptcy and sells itself to a hardware rival
True Value said it faces a significant cash crunch as the housing market stalled and consumers have become far more picky about discretionary purchases like hardware.
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.
National home improvement chain files for bankruptcy, sells to rival
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 operations to industry rival Do It Best Corp.
Home Depot rival files for Chapter 11 bankruptcy to sell assets
The home improvement sector has struggled with financial distress this year, leading iconic retail chains to file for bankruptcy and close stores, or in one case, just close all stores and not file bankruptcy.
Iconic home improvement retailer files for bankruptcy, announces sale plans
A well-known 75-year-old home improvement company entered into a sale agreement early Monday morning after filing for Chapter 11 bankruptcy. True Value filed for Chapter 11 bankruptcy and has agreed to enter into a sale agreement with Do It Best.
Major home improvement retailer True Value files for bankruptcy
All stores will remain open, with business remaining unaffected since the stores, except one, are independently owned.
Major home improvement retailer files for bankruptcy, announces sale plans
True Value, a well-known home improvement company, entered into a sale agreement early Monday morning after filing for Chapter 11 bankruptcy.
Popular home improvement chain files for bankruptcy
True Value Hardware, one of the nation’s oldest home improvement retailers, entered into a sale agreement Monday morning after filing for Chapter 11 bankruptcy, according to KTLA sister station WJET/WFXP.
17h
on MSN
True Value declares Chapter 11 bankruptcy and lines up sale to Do it Best
True Value said it has filed motions with the bankruptcy court to continue paying wages and benefits to its employees, as ...
Wane
12h
Do It Best looking to acquire True Value assets
Do It Best announced Monday its bid to acquire all assets from True Value. The Chicago-based hardlines wholesaler filed for ...
Ibj.com
20h
Indiana-based Do It Best inks agreement to acquire True Value assets
Chicago-based True Value, which has hardware stores throughout Indiana, on Monday began voluntary Chapter 11 bankruptcy ...
16h
on MSN
True Value files for bankruptcy after 75 years, blames weak housing market for plunging sales
Hardware and lumber wholesaler Do it Best is the stalking horse bidder and has agreed to pay $153 million in cash for the ...
lbmjournal
21h
Do it Best makes bid to acquire True Value assets
The proposed acquisition, supported unanimously by the Do it Best Board of Directors, would mark a significant moment in the ...
journalgazette
20h
Do it Best makes bid to acquire assets of True Value after bankruptcy filing
Do it Best announced plans Monday to acquire most of the assets from True Value, a Chicago-based wholesaler that filed for ...
building-products
21h
DO IT BEST SUBMITS BID TO ACQUIRE TRUE VALUE
Do it Best, the nation’s largest member-owned co-op for hardware and lumber products, has bid to acquire substantially all ...
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