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True Value and Lenders Reach Milestone Agreement Moving Sale to Do it Best Forward

True Value and Lenders Reach Milestone Agreement Moving Sale to Do it Best Forward

by Olivia Shroyer | Oct 31, 2024 | Industry News

True Value Company and its secured lenders, led by PNC, today reached a major milestone agreement to avoid the liquidation of the 75-year-old Chicago-based distributor in a move that will push the sale to Do it Best forward for now. The agreement allows True Value to...
Judge Shares Concerns With Direction of True Value Bankruptcy Filing

Judge Shares Concerns With Direction of True Value Bankruptcy Filing

by Lindsey Thompson | Oct 24, 2024 | Industry News

In a transcript obtained by Paint & Decorating Retailer from an emergency discovery conference held on October 23, the judge overseeing True Value’s Chapter 11 bankruptcy filing openly stated her concerns about whether True Value has been providing “adequate...

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