US: TrueCar to acquire ALG

TrueCar, the publisher of real-time new and used vehicle transaction data in the US market, has signed a definitive agreement to acquire ALG, a subsidiary of DealerTrack Holdings, a source of automotive residual value data.   The transaction is structured as a tax-free reorganization. DealerTrack will receive equity interest in TrueCar Subscribe to Automotive World … Continued

• By Webmaster
• August 23, 2011