# Copart Extends Tender Offer to Acquire ACV Auctions to October 15

- URL: https://stocks.freetheai.org/news/copart-extends-tender-offer-to-acquire-acv-auctions-to-october-15-06e2e1
- Published: 2026-10-08T12:00:00Z
- Category: mergers; sentiment: neutral; 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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Copart, Inc. (CPRT) has extended the deadline of its all-cash tender offer to acquire ACV Auctions Inc. (ACVA) for $10.50 per share. The offer, which was set to expire on October 7, 2026, will now run until 5:00 p.m. Eastern Time on October 15, 2026.

The extension is designed to give regulatory agencies more time to review the transaction. Specifically, the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act is currently set to expire on October 13, 2026. The deal cannot close until this antitrust review period either concludes or is ended early by regulators.

As of October 7, 2026, investors had already tendered approximately 90.19 million shares, representing 52.84% of ACV's outstanding stock. This satisfies the minimum tender condition of more than 50% of outstanding shares. Shareholders who have already submitted their shares do not need to take any action during this extension period.

## Key points

- Copart, Inc. extended its $10.50 per share cash tender offer for ACV Auctions Inc. to October 15, 2026.
- The extension provides additional time for the Hart-Scott-Rodino antitrust waiting period to expire on October 13, 2026.
- Approximately 52.84% of ACV shares have already been tendered, meeting the transaction's minimum 50% threshold.

## Questions and answers

### What is the new expiration date for Copart's tender offer for ACV?

The tender offer has been extended to October 15, 2026, at 5:00 p.m. Eastern Time.

### Why did Copart extend its tender offer for ACV Auctions?

The extension allows additional time for the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act to expire on October 13, 2026.

### How many ACV Auctions shares have been tendered so far?

Approximately 90,199,271 shares have been tendered, representing about 52.84% of ACV's outstanding shares.