Lmp Automotive Holdings Inc

NASDAQ:LMPX   3:59:51 PM EDT
15.58
+0.78 (+5.27%)
Other Pre-Announcement, Mergers / Acquisitions

LMP To Buy 5 Import Dealerships In Texas

Published: 09/13/2021 14:01 GMT
Lmp Automotive Holdings Inc (LMPX) - Lmp Announces a Definitive Acquisition Agreement to Purchase 5 Import Dealerships in Texas, Along With the Associated Real Estate, Generating Approximately $592 Million in Annualized Revenue and $35 Million in Adjusted EBITDA.
Lmp Automotive - Purchase Price of About $62.5 Million for Goodwill Expected to Be Funded Through Combination of Cash on Balance Sheet, Common Stock, Debt.