7-Eleven buying 51 Texas sites from Exxon Mobil

It’s about to get even easier to find a Slurpee in the Dallas/Fort Worth area.

Retail chain 7-Eleven, based in Dallas, announced Tuesday that it “has agreed to buy retail interests" in 51 Exxon Mobil Corp. sites, according to the Associated Press.

Nearly all of the sites are in the Dallas-Fort Worth area. The gas stations will continue to be branded Exxon, while the 7-Eleven brand will be flying high on most of the rest of the retail locations. Many of the stores are now simply called “On the Run.”

The deal should close by the end of the year. Rebranding and reconstruction should take till the close of 2012.

"This acquisition fits well with our aggressive growth strategy," said a statement by Sean Duffy, 7-Eleven vice president of mergers and acquisitions, according to the Fort Worth Star Telegram. "These high-volume locations complement our existing real estate portfolio in the Dallas/Fort Worth area."

There are already 339 7-Elevens in the Dallas-Fort Worth and Austin areas.