TrueCar (TRUE) announced that independent proxy advisory firms Institutional Shareholder Services, or ISS, and Glass Lewis have recommended that TrueCar stockholders vote “for” the company’s pending transaction with Fair Holdings, an entity led by TrueCar founder Scott Painter, in advance of the upcoming Special Meeting of Stockholders on December 22. The transaction is expected to close in Q4 2025 or early 2026, subject to approval by TrueCar stockholders and satisfaction of other closing conditions.
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