Flying J to Exit Bankruptcy

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Fuel stop chain owner and oil refiner Flying J plan to exit bankruptcy this year after 19 months under Chapter 11 bankruptcy since December 2008. Flying J cited falling oil prices and an inability to obtain credit as its reasons for filing bankruptcy. The company is also seeking FTC approval for its proposed merger with long-time rival, Pilot Travel Centers. Ogden-based Flying J owns 270 travel centers and fuel stops have submitted their reorganization plan to the bankruptcy court.

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