Copart to acquire ACV, expanding vehicle remarketing ecosystem
Online vehicle auctioneer Copart NASDAQ:CPRT said on Thursday it is acquiring ACV Auctions NYSE:ACVA, a digital marketplace to buy and sell cars, in all-cash deal for about $1.9 billion.
Story updates
08:18:38 PM UTC
SquawkNews
CPRT Copart to Acquire ACV, Expanding Position Across the Vehicle Remarketing Ecosystem
08:20:56 PM UTC
SquawkNews
Online vehicle auctioneer Copart NASDAQ:CPRT said on Thursday it is acquiring ACV Auctions NYSE:ACVA, a digital marketplace to buy and sell cars, in all-cash deal for about $1.9 billion.
This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.