TrueCar stockholders have approved the previously announced acquisition of the company by Fair Holdings, Inc., an entity led by TrueCar founder Scott Painter. Under the terms of the agreement, TrueCar stockholders will receive $2.55 in cash for each share they own upon the closing of the transaction. The deal is expected to close in January 2026, pending satisfaction of remaining closing conditions. TrueCar’s leadership described the transaction as beneficial for the company, its investors, partners, certified dealers, and car buyers nationwide. Final voting results will be filed with the U.S. Securities and Exchange Commission.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TrueCar Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY52706) on December 23, 2025, and is solely responsible for the information contained therein.
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