MFA Oil Company has purchased Big O Tires’ interest in the partnership, the News Tribune reports. BORE/MPC LLC, the joint venture between MFA Oil Company and Big O Tires, announced the purchase in a press release.
New Big O Tires stores will open in Branson, Mo. and Fayetteville, Ark., this year.
“This is a good deal for MFA Oil Company,” said Rusty Coats, MFA Oil director of retail tire operations, in a press release. “Not only was the cost of the buyout favorable, but the single-company ownership will allow us to be quicker and more flexible in our business decisions.”