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TrueCar working with bank after takeover approach, Street Insider says
The Fly

TrueCar working with bank after takeover approach, Street Insider says

TrueCar (TRUE) recently received a takeover bid and is currently working with an investment bank to evaluate a potential sale, according Street Insider, citing a source. “It is unclear if the takeover approach will lead to a sale of the company,” the report added. TrueCar shares are up 17c, or 4%, to $4.02 following the report.

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