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Report: Hardware store retailer considering sale

July 12, 2017

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Is True Value on the block?

A Bloomberg report on Monday had the industry talking, raising the prospect of a sale for True Value Company. According to sources who spoke to Bloomberg and asked not to be identified, the co-op is currently in talks with an investment bank and is, for better lack of terms, exploring its options. And it may be considering a sale that would value the company at $800 million.

The sources also said that private equity firms are likely to get involved, but that there’s no final decision yet.

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