Loading…

Copart, Inc. has agreed to acquire all outstanding shares of ACV Auctions Inc. for $10.50 per share in cash, representing an implied equity value of approximately $1.9 billion. The acquisition creates a full-spectrum digital vehicle remarketing platform.
“This acquisition reflects a significant milestone in our growth strategy by creating an industry-leading end-to-end vehicle remarketing platform that is fully digital.”investors.acvauto.com
Summarized from public sources; check the original articles before acting on it.