Copart launches tender offer for ACV Auctions at USD 10.5 a share

By Public Technologies
  • Copart launched a cash tender offer to buy all outstanding ACV Auctions shares for USD 10.5 each.
  • The offer expires at 11:59 p.m. ET on Sept. 30, 2026, unless extended or terminated.
  • ACV’s board recommended the offer.
  • Copart plans to merge its acquisition unit into ACV, leaving ACV as a wholly owned Copart subsidiary.
  • Closing requires majority share tenders, net of certain shares not counted under the offer’s terms.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Copart Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202609170830BIZWIRE_USPR_____20260917_BW532553) on September 17, 2026, and is solely responsible for the information contained therein.

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