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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
October 27, 2000 (October 26, 2000)
Date of Report (Date of earliest event reported)
COPART, INC.
(Exact name of registrant as specified in its charter)
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California 0-23255 94-2867490
(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation or organization) identification No.)
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5500 E. Second Street 94510
Benicia, CA
(Address of Principal Executive Offices) (Zip Code)
(707) 748-5000
(Registrant's telephone number, including area code)
Not Applicable
(Former name, former address and former fiscal year,
if changed since last report)
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This report contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. Actual results could differ materially from
those indicated in the forward-looking statements due to a number of factors
including, but not limited to, as a result of the risk factors set forth below
in this report as well as those set forth in the Company's Annual Report on Form
10-K and the other reports and documents that the Company files from time to
time with the Securities and Exchange Commission.
Item 5. Other Events.
On October 26, 2000, Copart, Inc. ("Copart" or the "Company") announced that it
has elected to cancel its agreement to purchase up to 23 Sadisco facilities
located in the Southeastern United States from Charles H. Powers. No reason for
the cancellation was disclosed. The potential acquisition was reported
previously in a Form 8-K filing dated August 28, 2000.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
COPART, INC.
By: /s/Wayne R. Hilty
(Senior Vice President and Chief Financial Officer)
Dated: October 27, 2000
