Lmp Automotive Holdings Inc

NASDAQ:LMPX  
16.09
-0.40 (-2.43%)
Debt Financing / Related, Other Pre-Announcement

Lmp Announces A Definitive Acquisition Agreement For A Kia Dealership In Connecticut, Including The Associated Real Estate, Generating Approximately $40 Million In Annualized Revenue And $1.9 Mi

Published: 07/22/2021 13:04 GMT
Lmp Automotive Holdings Inc (LMPX) - Lmp Announces a Definitive Acquisition Agreement for a Kia Dealership in Connecticut, Including the Associated Real Estate, Generating Approximately $40 Million in Annualized Revenue and $1.9 Million in Adjusted EBITDA.
Lmp Automotive Holdings Inc - Purchase Price of About $2.8 Million for Goodwill and $6.45 Million for Associated Real Estate.
Lmp Automotive Holdings Inc - Transaction Expected to Be Funded Through a Combination of Cash on Lmp's Balance Sheet and Debt Financing.