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Uber to sell its troubled car leasing division to Fair.com
Uber Technologies Inc. is doing some end-of-year restructuring under its new chief operating officer. The Wall Street Journal reported today that the ride-hailing company has signed an agreement to sell its Xchange Leasing subsidiary to Fair.com, the startup behind the digital auto marketplace of the same name. The anonymous insiders who leaked the acquisition didn’t share the value of the transaction. Uber originally launched Xchange Leasing about three years ago to make veh
