Copart Completes $10.50-Per-Share Acquisition of ACV Auctions
Filed with the SEC on · Summarized by InvestorsBot
Copart completed its acquisition of ACV Auctions on October 16, 2026, after 116.8 million ACV shares, or about 68.43% of outstanding shares, were tendered at $10.50 per share in cash. ACV shares have stopped trading on the NYSE, and ACV will operate as an independent Copart subsidiary under its existing leadership; the companies said the combination expands Copart’s vehicle remarketing platform, though no financial guidance or total transaction value was provided.