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True Value declares Chapter 11 bankruptcy and lines up sale to Do it Best

CBS News
Summary
Nutrition label

76% Informative

Chicago -based True Value filed for Chapter 11 protection from its debts.

Most of the privately held retailer's assets will be acquired by rival Do it Best.

Individual True Value stores, which are independently owned, are not part of the bankruptcy.

True Value operates as a member-owned wholesaler cooperative that sell its products mostly to hardware sellers.

VR Score

82

Informative language

84

Neutral language

83

Article tone

semi-formal

Language

English

Language complexity

56

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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