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True Value announced that the company has filed for Chapter 11 bankruptcy and has accepted an offer to sell its business to ...

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True Value, a 76-year-old hardware store headquartered in Chicago, revealed Monday it filed for bankruptcy and sell its operations.

Hardware retailer True Value Co. LLC has initiated voluntary Chapter 11 bankruptcy proceedings in the U.S. Bankruptcy Court for the District of Delaware. The Chicago-based retailer has also entered ...