Ferrellgas Partners buying Mr. Bar-B-Q

Ferrellgas Partners acquiring Mr. Bar-B-Q for undisclosed sum to expand BBQ business

Associated Press

OVERLAND PARK, Kan. (AP) -- Propane distributor Ferrellgas Partners LP said Monday that it is buying Mr. Bar-B-Q, a barbeque tools, accessories and parts company.

Financial terms of the deal were not disclosed.

Ferrellgas already has a strong foothold in the barbeque market through its Blue Rhino line of portable propane tanks, and the company said the acquisition will complement Blue Rhino.

Mr. Bar-B-Q is based in Old Bethpage, N.Y. Ferrellgas is based in Overland Park, Kan.

Shares of Ferrellgas fell 6 cents to $19.99 in afternoon trading.

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