LMP Automotive Holdings agrees to purchase majority stake in N.Y. dealership group for $608 million

LMP Automotive Holdings agrees to purchase majority stake in N.Y. dealership group for $608 million

Atlantic Auto Group is owned by John Staluppi Sr. It represents the largest chunk of Staluppi Auto Group, which is ranked No. 9 on annual list of the top 150 U.S. dealership groups.

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