LMP Automotive says seller in terminated deal will keep $1.5 million deposit - Greater Cincinnati Automobile Dealers Association

LMP Automotive says seller in terminated deal will keep $1.5 million deposit

Publicly traded LMP Automotive Holdings Inc., with just more than a half-dozen rooftops, said a deal in which it was to buy five import dealerships in Texas was terminated. It’s the second dealership acquisition termination for the auto retailer since December.