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LMP Automotive and its affiliates announces buyer terminated certain asset sale agreements

Sixsense News by Sixsense News
October 6, 2022
in Market
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The company will re-market the terminated dealerships and will pursue entering into new sale agreements within the next few months.

Additionally, the company announced that its Florida dealerships did not suffer material damages during Hurricane Ian in late September and are fully operational.

The company further announced that it is continuing to move forward with the plan of liquidation allowing the company to sell all of the company’s assets, distribute the net proceeds to stockholders and dissolve the company.



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