Posted on: July 15, 2009 by PEHub AdministratorNo Comments »
NEW YORK (Reuters) – Bankrupt oil company Flying J Inc has reached a preliminary deal to sell its fuel-stop business to Pilot Travel Centers LLC, in a plan that would see creditors paid back in full and set the stage for Flying J to emerge from bankruptcy, the companies said on Tuesday. Pilot, which operates [...]
Posted on: October 10, 2008 by PEHub Administrator1 Comment »
CVC Capital Partners has completed its acquisition of a 47.5% stake in Pilot Travel Centers, thus forming an equal governance partnership with Pilot Corp. The CVC stake was being purchased from Marathon Oil Corp. for an undisclosed amount. PTC operates the largest travel center network in the United States with 305 locations in 40 states.
Posted on: October 1, 2008 by PEHub AdministratorNo Comments »
CVC Capital Partners has agreed to acquire a 47.5% stake in Pilot Travel Centers, which would form an equal governance partnership with Pilot Corp. The CVC stake is being purchased from Marathon Oil Corp. for an undisclosed amount. PTC operates the largest travel center network in the United States with 305 locations in 40 states.
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