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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.

Washington

District of Columbia

United States

True Value files for bankruptcy as Do it Best bids to acquire assets

Transaction would create one of the leading distributors in the independent home improvement industry

Media Bias/Fact Check

Financial Post

Leon Cooperman

Allianz

Canada

Do it Best Makes Bid to Acquire True Value Assets

Ad Fontes Media

All Sides

News World Communications

WANE-TV

Nexstar Media Group

Fort Wayne

Allen County

Indiana

Do It Best looking to acquire True Value assets

Fort Wayne-based Do it Best is looking to buy True Value out of bankruptcy.

The Times of Northwest Indiana

Lee Enterprises

Cherokee County

Georgia

Do it Best bidding to buy True Value out of bankruptcy

True Value filed for Chapter 11 Bankruptcy and if Do it Best in the winning bidder, they would complete the transaction by the end of 2024.

WFFT FOX 55 Fort Wayne

Do it Best makes bid to obtain Chicago-based True Value

FORT WAYNE, Ind., Oct. 14, 2024 (GLOBE NEWSWIRE) — Do it Best, the nation’s largest member-owned co-op for hardware and lumber products, announces its bid to acquire substantially all assets from True Value, a Chicago-based hardlines wholesalers that filed for Chapter 11 bankruptcy under private equity ownership. The proposed acquisition, supported unanimously by the Do […]

Business Upturn

It would join United Hardware as another major acquisition for Do it Best this year.

Modern Distribution Management

Do it Best to Buy True Value

The proposed acquisition, supported unanimously by the Do it Best Board of Directors, would mark a significant moment in the history of the independent home improvement industry/

LBM Journal

Do it Best makes bid to acquire True Value assets

FORT WAYNE, Ind., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Do it Best, the nation’s largest member-owned co-op for hardware and lumber products, announces its bid to

True Value files for bankruptcy as Do it Best bids to acquire assets

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