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. In a press release, True Value ...

Hardware store company True Value has filed for Chapter 11 bankruptcy and plans to sell its business to rival hardware store Do It Best.

A hardware company has decided to sell itself to a rival, but to facilitate the sale, it must declare Chapter 11 bankruptcy.

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.

A hardware company has decided to sell itself to a rival, but to facilitate the sale, it must declare Chapter 11 bankruptcy.