Brief: Lmp Automotive Holdings - Lmp's Acquisition Of 5 Import Dealerships Previously Announced On Sept. 13 Has Been Terminated
03/02/2022 22:06
Feb 3 (Reuters) - Lmp Automotive Holdings Inc LMPX.O :
* LMP AUTOMOTIVE HOLDINGS INC - LMP'S ACQUISITION OF 5
IMPORT
DEALERSHIPS PREVIOUSLY ANNOUNCED ON SEPTEMBER 13, 2021 HAS BEEN
TERMINATED
* LMP AUTOMOTIVE HOLDINGS INC - EXPECT TO CLOSE
SUBSTANTIALLY ALL
REMAINING 7 ACQUISITIONS UNDER CONTRACT IN Q1 OF THIS YEAR ON A
ROLLING BASIS
* LMP AUTOMOTIVE HOLDINGS INC - UPON CLOSINGS, WE EXPECT
THESE
TRANSACTIONS WILL BE ACCRETIVE TO LMP'S EARNINGS
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