Friday, February 4, 2022

LMP Automotive says seller in terminated deal will keep $1.5 million deposit

LMP Automotive says seller in terminated deal will keep $1.5 million deposit https://ift.tt/vbVuGpc

Publicly traded LMP Automotive Holdings Inc., with just more than a half-dozen rooftops, said a deal in which it was to buy five import dealerships in Texas was terminated. It's the second dealership acquisition termination for the auto retailer since December.

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