BUTTREY TO SEEK ACQUISITIONS THIS YEAR

GREAT FALLS, Mont. -- Buttrey Food & Drug Stores here plans to seek acquisitions during this year as part of its effort to increase sales, Joseph H. Fernandez, president and chief executive officer, told the chain's annual meeting here. "As a result of asset sales and cash generated by operating activities, the company has reduced long-term debt significantly, and our balance sheet is now relatively

GREAT FALLS, Mont. -- Buttrey Food & Drug Stores here plans to seek acquisitions during this year as part of its effort to increase sales, Joseph H. Fernandez, president and chief executive officer, told the chain's annual meeting here. "As a result of asset sales and cash generated by operating activities, the company has reduced long-term debt significantly, and our balance sheet is now relatively under-leveraged relative to many other companies in the food and drug retailing industr

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