Copart (CPRT) Stock: Jump After $1.9 Billion ACV Acquisition

TLDR Copart shares jump 6.24% pre-market after announcing its $1.9 billion ACV deal. Copart will pay $10.50 per ACV share in cash under the unanimously approved deal. ACV adds dealer-to-dealer auctions, inspection tools, and vehicle pricing data. Copart expects the deal to support earnings growth beginning in fiscal 2028. Both boards approved the transaction, with [...]

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