How To Buy Pilot Flying J Stock
The two travel center companies, Pilot TravelCenters LLC and Flying J Inc., merged June 30 2010. The result, Pilot Flying J, is now one of the country’s largest private companies. It primarily operates gas stations and convenience stores and caters to long haul truckers. A few years after the merger, Pilot Flying J was embroiled in a rebate scandal. CEO Jimmy Haslam, whose family owns the majority of the company, was part of a fraud investigation. According to Forbes, “Pilot salespeople allegedly underpaid customer rebates in order to boost the company’s bottom line and their own individual compensation.” The company settled the charges for $84.9 million.
It is privately owned and not currently available for purchase.