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Ferrellgas files for bankruptcy

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Overland Park, Kansas-based Ferrellgas Partners LP filed for Chapter 11 bankruptcy.

The company, which operates a national Blue Rhino propane tank exchange network, listed assets and liabilities of $100 million to $500 million apiece.

Ferrellgas Partners LP is a holding company. The operating company, Ferrellgas LP, is not part of the bankruptcy filing, according to Bloomberg.

Read more from Bloomberg.

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