Southland Corp., the nation's largest convenience store operator, expects to emerge from Chapter 11 bankruptcy during the first week of March.

U.S. Bankruptcy Judge Harold Abramson confirmed Southland's reorganization plan this week, leaving plenty of time for a group of Japanese investors to complete their $430 million buyout of the parent of 7-Eleven stores.Ito-Yokado Group Ltd. and Seven-Eleven Japan Co. Ltd. set a March 15 deadline on the buyout offer.