Alon is determined to acquire Calif. refinery, chief executive says

03/3/2010 | Wall Street Journal, The

Alon USA Energy is waiting for the results of a bankruptcy sale this month to learn if it can purchase Flying J's idled refinery in California. Alon, which was picked as a "stalking horse bidder," offered $40 million to buy the facility. Alon CEO Jeff Morris said he does not expect to spend a lot to get the 69,000-barrel-a-day plant operating.

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