O'Reilly Automotive Announces Asset Purchase Agreement With VIP Auto
December 17, 2012 at 21:31 PM EST
O'Reilly Automotive (NASDAQ: ORLY ) today announced that it has entered into a definitive agreement to purchase the auto parts related assets of VIP Parts, Tires & Service ("VIP"). The asset purchase is expected to be completed on or about December 31, 2012. VIP is a large privately held automotive