Lmp automotive holdings, inc. revises atlantic automotive groups acquisition agreements to a combination of cash and lmpx stock and excludes certain dealerships in a deal valued at $330 million

Fort lauderdale, fla., jan. 13, 2021 (globe newswire) -- lmp automotive holdings, inc. (nasdaq: lmpx) (the "company" or “lmp”), an e-commerce and facilities-based platform for consumers who desire to buy, sell, subscribe to or finance pre-owned and new automobiles, today announced it has revised its agreements to acquire atlantic automotive group (“aag”) to a combination of cash and lmpx common stock and to exclude certain dealerships owned by aag in a deal valued at $330 million.
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