Lmp announces a definitive acquisition agreement for general motors and nissan dealerships in texas, including the associated real estate, generating approximately $250 million in annualized revenue and $27 million in adjusted ebitda

Fort lauderdale, fl , july 19, 2021 (globe newswire) -- lmp automotive holdings, inc. (nasdaq: lmpx), an e-commerce and facilities-based automotive retailer in the united states, today announced its entry into a definitive acquisition agreement for general motors and nissan dealerships in texas, along with the associated real estate, generating approximately $250 million in annualized revenue and $27 million in adjusted ebitda.
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