Brief: Copart To Acquire ACV, Expanding Position Across The Vehicle Remarketing Ecosystem
10/09/2026 23:21
BRIEF-Copart To Acquire ACV, Expanding Position Across The Vehicle Remarketing Ecosystem Sept 10 (Reuters) - ACV Auctions Inc. ACVA.N:
COPART TO ACQUIRE ACV, EXPANDING POSITION ACROSS THE VEHICLE REMARKETING ECOSYSTEM
COPART - TO BUY ACV FOR $10.50 PER SHARE IN CASH, EQUITY VALUE $1.90 BILLION
COPART - TO FUND DEAL WITH CASH ON HAND; NO FINANCING CONDITION
COPART - DEAL EXPECTED TO BE ACCRETIVE TO COPART EPS IN FISCAL 2028 AND BEYOND
COPART INC: COPART INTENDS TO FUND DEAL THROUGH CASH ON HAND
COPART - ACV TO OPERATE AS INDEPENDENT SUBSIDIARY OF COPART LED BY EXISTING LEADERSHIP TEAM
Source text: ID:nBwVVhR3a
Further company coverage: ACVA.N
((Reuters.Briefs@thomsonreuters.com;))