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2 days ago · Lindsey Thompson October 14, 2024 Industry News. In one of the biggest deals the independent home improvement industry has seen in decades, Do it Best has announced its bid to acquire substantially all assets from True Value, which filed for Chapter 11 bankruptcy under private equity ownership. The proposed acquisition, supported unanimously by ...
21 hours ago · 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 ...
1 day ago · True Value, a hardware store brand, filed for Chapter 11 bankruptcy and sold almost all of its operations to a competitor. According to a press release from the company, True Value said it would ...
2 days ago · Hardware wholesaler True Value Co. has struck a buyout deal with co-operative Do It Best Corp. with True Value filing for Chapter 11 bankruptcy protection to facilitate a process that would combine 4,500 True Value-affiliated stores with the Do It Best’s 4,300 store system. Do It Best becomes a stalking horse bidder in the True Value Chapter ...
1 day ago · True Value Co. files for Chapter 11 bankruptcy. Home Depot's rival True Value Co. and seven affiliates, which provide wholesale hardline products to 4,500 independently owned retailers, filed for ...
6 days ago · Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing ...
Oct 8, 2024 · The shape of torts to come. As well as settling a longstanding dispute in the bankruptcy world, the Supreme Court’s decision in Harrington v. Purdue Pharma is likely to have a major influence on how Chapter 11 reorganisations will be prosecuted in future. “There could be a legislative solution whereby Congress acts, just as it has done so ...
