Lmp announces a definitive acquisition agreement to purchase an 85% interest in the alan jay automotive network, a 12-dealership group in florida, along with the associated real estate, generating approximately $345 million in annualized re

Fort lauderdale, fl , sept. 13, 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 definitive acquisition agreements to purchase an 85% interest in the alan jay automotive network, a 12-dealership group in florida, along with the associated real estate, generating approximately $345 million in annualized revenue and $18.3 million in adjusted ebitda.
LMPX Ratings Summary
LMPX Quant Ranking