NEWS WATCH

Albertson's, Boise, Idaho, has received the approval of the Federal Trade Commission over its acquisition of Buttrey Food and Drug Store Company, a deal in which 15 of Buttrey's 44 supermarkets will be sold to other companies. The FTC sought the divestiture, concerned that Albertson's acquisition of all 44 Buttrey stores could lead to less competition and higher food prices in 11 cities in Montana

Albertson's, Boise, Idaho, has received the approval of the Federal Trade Commission over its acquisition of Buttrey Food and Drug Store Company, a deal in which 15 of Buttrey's 44 supermarkets will be sold to other companies. The FTC sought the divestiture, concerned that Albertson's acquisition of all 44 Buttrey stores could lead to less competition and higher food prices in 11 cities in Montana and Wyoming. Under the agreement, as reported previously in SN, 13 of the Buttrey supermarkets w

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