True Value Co. is considering a sale that could value the home-improvement store chain at about $800 million, according to people familiar with the matter.
The company is working with an
investment bank to examine strategic options, including a sale, said the
people, who asked not to be identified because they weren’t authorized
to speak publicly. The process is expected to attract private equity
firms, the people said. No final decision has been made and the company
may elect not to pursue a sale.. . . more