(Reuters) - Copart said the 200 pence per share deal represented a premium of 5.3 percent to the Universal Salvage share price on Feb. 1, the day before the group said it was in talks, and would allow it to expand further into the UK market.
" will allow Copart to expand its operations into the UK and the combination of both businesses will allow us to provide an improved service to our customers," Copart President Jayson Adair said.
Read more at Reuters.com Mergers News
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