Copart announced that the mandatory waiting period under the Hart-Scott-Rodino (HSR) Antitrust Improvements Act for its planned acquisition of ACV Auctions expired on October 13, 2026. The expiration satisfies a significant condition for the deal to proceed.
The development removes a key antitrust obstacle to Copart’s all-cash tender offer for all outstanding ACV shares at $10.50 per share. The offer is scheduled to expire at 5:00 p.m. Eastern Time on October 15, 2026.
The deal remains subject to other customary conditions, including a minimum number of shares being tendered.