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OGDEN, Utah (AP) -- Flying J Inc. says it's emerging from bankruptcy with a reorganization that pays all of its creditors in full.
The truck-stop operator and petroleum producer sold some assets -- a Texas pipeline division, a California refinery -- and streamlined other business units to improve profitability.
The Ogden-based company also combined its gas stops with rival Pilot Travel Centers.
Flying J. filed for Chapter 11 bankruptcy protection in 2008 and says its reorganization plan was approved Wednesday by U.S. Bankruptcy Court in Delaware.
(Copyright 2010 by The Associated Press. All Rights Reserved.)
