Mergers & Acquisitions•1 October 2026•
1 min read
Copart Extends ACV Auctions Tender Offer to October 7 for Antitrust Review
Key Facts
1Copart extended its tender offer to acquire all ACV Auctions shares until October 7, 2026, at $10.50 per share in cash.
2The extension allows antitrust regulators more time for review following the refiling of the Premerger Notification and Report Form.
3Approximately 47.78% of ACV Auctions' outstanding shares had been tendered as of the previous deadline.
Copart extended its tender offer to acquire all outstanding shares of ACV Auctions until October 7, 2026, at a price of $10.50 per share in cash. Investing.com reported that the extension was implemented to provide antitrust regulators additional time for review following the refiling of the Premerger Notification and Report Form, with approximately 47.78% of shares already tendered by the previous deadline.
ACVA closed at $10.43 on September 30, 2026, trading just below the proposed cash acquisition price. On the same date, CPRT closed at $27.28, having reached a session high of $27.49 and a low of $27.01.