True Value has filed for Chapter 11 bankruptcy, and will be sold to a competitor. Here's what it means for True Value's 100+ stores in Pennsylvania.

WASHINGTON (TNND) — The 75-year-old hardware store brand True Value announced Monday it has filed for bankruptcy and "entered ...

The company has announced plans to sell to a competitor as part of a $153 million 'stalking horse bid' included in its ...

The 75-year-old brand, whose stores are largely excluded from the bankruptcy, is seeking court approval to sell itself to rival Do it Best for $153 million.

True Value, a 76-year-old hardware store headquartered in Chicago, revealed Monday it filed for bankruptcy and sell its operations.