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BRIEF-TrueCar To Be Acquired By Founder-Led Strategic And Financial Investor Group In All-Cash Go-Private Transaction
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BRIEF-TrueCar To Be Acquired By Founder-Led Strategic And Financial Investor Group In All-Cash Go-Private Transaction
Oct 15, 2025 6:19 AM

Oct 15 (Reuters) - TrueCar Inc ( TRUE ):

* TRUECAR TO BE ACQUIRED BY FOUNDER-LED STRATEGIC AND

FINANCIAL

INVESTOR GROUP IN ALL-CASH GO-PRIVATE TRANSACTION

* TRUECAR INC ( TRUE ) - TO BE BOUGHT FOR $2.55 PER SHARE, EQUITY

VALUE

$227 MILLION

* TRUECAR INC ( TRUE ) - SCOTT PAINTER TO RETURN AS TRUECAR CEO POST

DEAL

CLOSE

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