Copart extends ACV Auctions tender offer to Oct. 7, 2026

Bitget2026/10/01 12:02

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Copart’s subsidiary extended its all-cash tender offer for ACV Auctions shares priced at USD 10.50 per share.
Offer expiration moved to 5:00 p.m. ET on Oct. 7, 2026 from 11:59 p.m. ET on Sept. 30, 2026.
As of Sept. 30, 2026, 81,269,394 shares were tendered, equal to 47.78% of shares outstanding.
Closing remains subject to conditions, including securing tenders exceeding 50% of outstanding shares.
Antitrust review timing remains in focus, with the current waiting period set to expire at 11:59 p.m. ET on Oct. 13, 2026.

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: 20260930883786) on October 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Copart extends ACV Auctions tender offer to Oct. 7, 2026

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