Copart to acquire ACV for $10.50/share cash, ~$1.9B equity value

ACV Auctions Inc.

Copart to acquire all ACV shares for $10.50 cash/share; implied equity value ~$1.9B.
Premium ~45% to ACV's Aug 10 close and ~41% to 30-day VWAP ending Sep 9, 2026.
Tender offer requires majority of shares; HSR waiting period; expected close by year-end 2026.
Support agreement covers ~4.1% of ACV shares; termination fees: ACV $57.7M, Copart $115.3M.
Deal expected neutral to Copart EPS in first full year, accretive in fiscal 2028; ACV to operate independently.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.