ALBERTSON'S, Boise, Idaho, said it is moving ahead with its proposed acquisition of Buttrey Food & Drug Stores Co., Great Falls, Mont. Albertson's executives have met with the Federal Trade Commission in Washington and submitted thousands of documents for review, according to Mike Read, a spokesman for the chain. Read said it is likely that the FTC will require Albertson's to divest a few stores to settle antitrust concerns in order to have the merger approved. "We would prefer that ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.