# Copart Clears Regulatory Hurdle in $10.50 Per Share Tender Offer for ACV Auctions

- URL: https://stocks.freetheai.org/news/copart-clears-regulatory-hurdle-in-10-50-per-share-tender-offer-for-acv-auctions-2bc4b7
- Published: 2026-10-14T12:00:00Z
- Category: mergers; sentiment: bullish; impact: medium
- Symbols: [NASDAQ:CPRT](https://stocks.freetheai.org/symbols/NASDAQ-CPRT), [NYSE:ACVA](https://stocks.freetheai.org/symbols/NYSE-ACVA)
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Online vehicle auction provider Copart, Inc. (CPRT) reached a regulatory milestone in its proposed acquisition of ACV Auctions Inc. (ACVA). The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act officially expired at 11:59 p.m. Eastern Time on October 13, 2026, satisfying a key regulatory condition for the deal.

Copart is seeking to purchase all outstanding common shares of ACV Auctions through an all-cash tender offer valued at $10.50 per share, which was initially launched on September 17, 2026. Passing federal antitrust review removes a major regulatory barrier, bringing the transaction closer to completion.

The transaction still hinges on additional closing requirements, including a minimum condition requiring more than 50% of ACV's outstanding shares to be validly tendered. Investors are eyeing the tender offer deadline, which is set for 5:00 p.m. Eastern Time on October 15, 2026.

## Key points

- The Hart-Scott-Rodino Act waiting period for Copart's acquisition of ACV Auctions expired on October 13, 2026.
- Copart is offering $10.50 per share in cash for all outstanding common stock of ACV Auctions.
- The tender offer is currently scheduled to expire at 5:00 p.m. Eastern Time on October 15, 2026.
- Final completion requires over 50% of outstanding ACV shares to be validly tendered.

## Questions and answers

### What is Copart offering to pay for ACV Auctions stock?

Copart is offering $10.50 per share in cash for all issued and outstanding common shares of ACV Auctions.

### When does the tender offer for ACV Auctions expire?

The tender offer is scheduled to expire at 5:00 p.m. Eastern Time on October 15, 2026, subject to remaining closing conditions.

### Did Copart receive regulatory clearance to acquire ACV Auctions?

Yes, the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act expired on October 13, 2026, satisfying a major regulatory condition.