Copart to Acquire ACV Auctions for $1.9 Billion, Expanding Into Dealer Wholesale

Copart, Inc. (CPRT) extended its $10.50 per share tender offer for ACV to Oct. 15, 2026, to await HSR waiting period expiration. As of Oct. 7, 52.84% of ACV's outstanding shares, or 90,199,271 shares, were tendered. The HSR expiration is a key milestone for the acquisition's completion.

Copart Inc. (CPRT) extended its $10.50-per-share tender offer for ACV Auctions (ACVA) until Oct. 7, awaiting U.S. antitrust approval. The deal values ACVA at about $1.9B. As of Sept. 30, 47.78% of ACVA shares were tendered. CPRT shares fell 0.94%, while ACVA shares rose 0.19%.

Copart extended its $10.50-per-share tender offer for ACV Auctions until October 7, awaiting federal antitrust review. As of September 30, 47.78% of ACV shares were tendered, below the 50% threshold. The acquisition aims to combine their digital automotive marketplaces, with regulatory clearance pending.

Copart Inc. (CPRT) extended its tender offer for ACV Auctions Inc. (ACVA) to October 7, 2026, offering $10.50 per share. The extension follows a refiling under the HSR Act. As of Tuesday, 81.27 million shares, or 47.78% of outstanding shares, were tendered. The offer requires over 50% of shares to be tendered and HSR Act approval.

Copart, Inc. (CPRT) extended its $10.50 per share tender offer for ACV to Oct. 7, 2026. As of Sept. 30, 47.78% of ACV's shares were tendered. The deal's closing depends on meeting a 50% minimum and HSR waiting period expiring Oct. 13.

Copart refiled its US antitrust notification for its $1.9 billion acquisition of ACV Auctions, setting an Oct. 13 deadline for regulators' initial review. This step follows the withdrawal and resubmission of the paperwork.