Key Developments For Copart, Inc.
Copart, Inc. (CPRT.O) (Nasdaq)
Copart, Inc. Adds Third Facility in Massachusetts
Copart, Inc. announced the opening of a new facility in Warren, Massachusetts.
Copart, Inc. Announces Settlement With Auto Auction Services Corp.
Copart, Inc. announced that it has reached a settlement in its antitrust lawsuit against Auto Auction Services Corporation (AASC). Pursuant to the settlement terms, the litigation will be dismissed, and Copart has obtained a license from AASC that enables Copart to receive and process vehicle assignments from vehicle sellers through AASC's Automotive Inventory Management System or AutoIMS.
Copart, Inc. Adds Fourth Facility in Alabama
Copart, Inc. announced the opening of a new facility in Montgomery, Alabama. This latest addition to Copart`s growing footprint marks the company`s fourth facility in Alabama and the 146th facility world-wide.
Copart, Inc. Files Antitrust Lawsuit Against Auto Auction Services Corp.
Copart, Inc. announced that it has filed an antitrust lawsuit alleging that Auto Auction Services Corporation (AASC) is restraining competition and stifling innovation by denying Copart access to an essential electronic network called AutoIMS. Copart also claims that other companies in direct competition with Copart such as Manheim and ADESA paid a nominal initiation fee for access to AutoIMS. The suit was filed in the U.S. District Court for the Northern District of California.
Copart, Inc. Adds Fourth Facility in Missouri
Copart, Inc. announced the acquisition of Bob Lowe's Salvage Pool in Sikeston, Missouri. This latest addition to Copart's growing footprint marks the Company's fourth facility in Missouri, the 130th facility in North America, and the 145th facility world-wide.
