(ACV Auctions)Key Takeaways: ACV Auctions is exploring strategic options including a potential sale or partnership after receiving takeover interest, people familiar with the matter said. The review comes as ACV faces a 47% one-year stock decline despite reporting a 10% year-over-year revenue increase in the second quarter. Any transaction remains weeks away and ACV could stay independent, while the company declined to comment on the review. ACV Auctions Inc., a digital marketplace to buy and sell cars, is exploring strategic options including a potential sale after receiving takeover interest, according to people familiar with the matter. The stock fell in late trading Aug. 10 after ACV released second-quarter earnings showing a year-over-year revenue increase of 10%.