Copart Completes Acquisition of ACV Auctions

09:51 AM EDT, 10/16/2026 (MT Newswires) -- Copart (CPRT) acquired ACV Auctions for $10.50 per share in cash following the completion of its tender offer and subsequent merger, the company said Friday. By the Oct. 15 deadline, 68.43% of ACV shares had been tendered and accepted for payment, with the remaining shares converted into the right to receive the same consideration, the company said. ACV will operate as a Copart subsidiary under its existing leadership, and its shares have ceased trading on the New York Stock Exchange, it added. Copart shares were up 1.4% in Friday trading. Price: 28.01, Change: +0.26, Percent Change: +0.94