by Olivia Shroyer | Oct 21, 2024 | Industry News
On Friday, the U.S. Bankruptcy Court for the District of Delaware issued an Interim Order that gives True Value permission to use cash collateral from its lenders to pursue continued business operations while in Chapter 11 Bankruptcy, as well as to fund its proposed...
by Lindsey Thompson | Oct 17, 2024 | Industry News
[vc_row][vc_column][vc_column_text]With the entire industry reacting to the recent news of True Value Company’s bankruptcy filing and Do it Best’s bid to acquire the company, the team at the North American Hardware and Paint Association (NHPA) continues to receive...
by Olivia Shroyer | Oct 16, 2024 | Industry News
In response to Monday’s announcement that Do it Best is entering into an agreement to purchase the assets of True Value Company (pending the outcome of True Value’s Chapter 11 Bankruptcy filing on Oct. 14th), Paint & Decorating Retailer’s editorial team sat down...
by Lindsey Thompson | Oct 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...
by Lindsey Thompson | Mar 22, 2024 | Industry News
True Value Co. has received the inaugural “ESG and Community Award” from Allergy Standards, an international certification leader in healthier indoor environments. The award recognizes True Value’s commitment to environmental, social and governance (ESG) principles,...
