Lmp Automotive Holdings Inc

NASDAQ:LMPX   3:59:51 PM EDT
15.51
-0.12 (-0.77%)
Other Pre-Announcement

LMP Announces A Definitive Acquisition Agreement For A Chrysler Dodge Jeep Ram Dealership In Tennessee

Published: 08/24/2021 20:10 GMT
Lmp Automotive Holdings Inc (LMPX) - Lmp Announces a Definitive Acquisition Agreement for a Chrysler Dodge Jeep Ram Dealership in Tennessee, Generating Approximately $42 Million in Annualized Revenue and $1.4 Million in Adjusted EBITDA.
Lmp Automotive Holdings - Purchase Price of About $4.5 Million for Goodwill Expected to Be Funded Through Cash, Up to $2.5 Million in Stock, Debt Financing.
Lmp Automotive Holdings Inc - Deal Expected to Add About $1.4 Million in Adjusted EBITDA Or $0.12 per Share in 2022.