LMP gains on buying Kia dealership in New York, adding ~$82M in annualized revenue

  • Automotive retailer LMP Automotive Holdings (NASDAQ:LMPX) is +4.54%
     pre-market after announcing a definitive deal to acquire a Kia dealership in New York for ~$14M.
  • Consideration will be funded through a combination of cash on LMP’s balance sheet, up to…

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