True Value declares bankruptcy and sells itself to a hardware rival
True Value is selling "substantially all" of its business to rival Do it Best. (Helen H. Richardson/The Denver Post/Getty Images)/ 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. , True Value said it will continue day-to-day operations of selling hardware and other homeware tools to its 4,500 independently operated locations during the Chapter 11 process, which includes a True Value said its stores will remain open, because ...
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