A West Virginia company has acquired The Greenbrier and plans to ask a bankruptcy court to dismiss the resort's case.

The Greenbrier and Jim Justice announced Thursday that Justice's company, Beckley-based Justice Family Group, acquired The Greenbrier's holding company's stock. They didn't provide details of the transaction.

Justice Family Group also acquired 80 percent of The Greenbrier Sporting Club, a private residential development on the southeastern West Virginia resort's grounds.

If the bankruptcy court approves the deal, it would end nearly a century of ownership by railroad company CSX Corp. and its predecessors.

CSX Chairman, President and CEO Michael Ward called the transaction a "great result" for the resort and CSX.

Gov. Joe Manchin released a statement after learning about the Greenbrier's purchase.

He said, "I am so pleased and proud that Jim Justice has agreed to purchase The Greenbrier. He is a true West Virginian who is committed to community service. He's also a successful businessman who I am sure will put his heart and soul and expertise to work to ensure that The Greenbrier will remain a premier resort that continues to draw people from around the world and makes every West Virginian proud.

"Congratulations to Jim and all the good employees and the residents of Greenbrier County who truly make this resort special."