ALBERTSONS INC /DE/
SC 14D1/A, 1998-10-09
GROCERY STORES
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                     SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C. 20549
  
                               SCHEDULE 14D-1
                             (AMENDMENT NO. 9)
                           TENDER OFFER STATEMENT
  PURSUANT TO SECTION 14(D)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 AND
                                SCHEDULE 13D
                             (AMENDMENT NO. 9)
                                           
                 UNDER THE SECURITIES EXCHANGE ACT OF 1934
                              ________________
                    BUTTREY FOOD AND DRUG STORES COMPANY
                         (NAME OF SUBJECT COMPANY)
  
                        LOCOMOTIVE ACQUISITION CORP.
                             ALBERTSON'S, INC.
           
                                 (BIDDERS)
                              ________________
                  
                   COMMON STOCK, PAR VALUE $.01 PER SHARE
                       (TITLE OF CLASS OF SECURITIES)
                              ________________

                                 124234105
                   (CUSIP NUMBER OF CLASS OF SECURITIES)
                              ________________

                           THOMAS R. SALDIN, ESQ.
                             ALBERTSON'S, INC.
                          250 PARKCENTER BOULEVARD
                                P.O. BOX 20
                             BOISE, IDAHO 83726
                         TELEPHONE: (208) 395-6200
                         FACSIMILE: (208) 395-6225
        (NAME, ADDRESS AND TELEPHONE NUMBER OF PERSON AUTHORIZED TO
          RECEIVE NOTICES AND COMMUNICATIONS ON BEHALF OF BIDDERS)
  
                                  COPY TO:
                         THEODORE J. KOZLOFF, ESQ.
                  SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP
                    FOUR EMBARCADERO CENTER, SUITE 3800
                      SAN FRANCISCO, CALIFORNIA 94111
                         TELEPHONE: (415) 984-6400
                         FACSIMILE: (415) 984-2698
  
                              OCTOBER 2, 1998
     (DATE OF EVENT WHICH REQUIRES FILING OF STATEMENT ON SCHEDULE 13D)
  
  
  
                         CALCULATION OF FILING FEE
                    TRANSACTION VALUATION* $141,424,821
                        AMOUNT OF FILING FEE $28,285
  
 __________ 
 * Estimated for purposes of calculating the amount of the filing fee only.
   This amount assumes the purchase of 9,124,182 shares of common stock,
   $.01 par value (the "Shares"), of Buttrey Food and Drug Stores Company
   at a price of $15.50 per Share in cash. Such number of Shares represents
   the 8,644,631 Shares outstanding as of January 23, 1998 and assumes the
   issuance prior to the consummation of the Offer of 479,551 Shares upon
   the exercise of outstanding options and warrants. The amount of the
   filing fee calculated in accordance with Regulation 240.0-11 of the
   Securities Exchange Act of 1934, as amended, equals 1/50th of one
   percent of the value of the transaction. 
  
 [X]  Check box if any part of the fee is offset as provided by Rule 0-11
      (a)(2) and identify the filing with which the offsetting fee was
      previously paid. Identify the previous filing by registration
      statement number, or the Form or Schedule and the date of its filing. 
  
 Amount Previously Paid: $28,285 
 Form or Registration No.: Schedule 14D-1 and Schedule 13D 
 Filing Party: Locomotive Acquisition Corp. and Albertson's, Inc. 
 Date Filed: January 26, 1998


  
      This Amendment No. 9 to the Tender Offer Statement on Schedule 14D-1
 and Amendment No. 9 to Schedule 13D amends and supplements the Tender Offer
 Statement on Schedule 14D-1 and Schedule 13D originally filed on January
 26, 1998 (the "Schedule 14D-1") by Albertson's, Inc., a Delaware
 corporation ("Parent"), and Locomotive Acquisition Corp., a Delaware
 corporation and a wholly owned subsidiary of Parent ("Purchaser"), with
 respect to Purchaser's offer to purchase all of the outstanding shares of
 common stock, par value $.01 per share (the "Shares"), of Buttrey Food and
 Drug Stores Company, a Delaware corporation (the "Company"), at $15.50 per
 Share, net to the seller in cash, without interest, upon the terms and
 subject to the conditions set forth in the Offer to Purchase, dated January
 26, 1998 (the "Offer to Purchase"), and the related Letter of Transmittal
 (which, together with any amendments or supplements thereto, constitute the
 "Offer"), which were filed as Exhibits (a)(1) and (a)(2), respectively, to
 the Schedule 14D-1.  Unless otherwise defined herein, all capitalized terms
 used herein have the respective meanings given to such terms in the
 Schedule 14D-1. 
  
 ITEM 6.   INTEREST IN SECURITIES OF THE SUBJECT COMPANY. 
  
      Item 6 is hereby amended to add the following: 
  
      On October 2, 1998, at 5:30 p.m., Eastern Standard Time (the
 "Effective Time"), pursuant to the Merger Agreement (as defined in the
 Offer to Purchase), the merger of Purchaser with and into the Company was
 consummated.  As a result of the Merger, as of the Effective Time, (a) all
 issued and outstanding shares of the Common Stock of the Company (other
 than (i) shares of Common Stock owned of record by Parent or Purchaser,
 (ii) Dissenting Shares (as defined in the Merger Agreement) or (iii) shares
 of Common Stock held in the treasury of the Company) were automatically
 converted into the right to receive $15.50 per share in cash, and (b) each
 issued and outstanding share of Purchaser was converted into one validly
 issued, fully paid and nonassessable share of Common Stock of the Company. 
 Parent, the holder of all One Hundred (100) issued and outstanding shares
 of Common Stock of Purchaser, thus became the owner of One Hundred (100)
 shares of Common Stock of the Company, representing 100% of the issued and
 outstanding shares of Common Stock of the Company. 
  
  
 ITEM 10.  ADDITIONAL INFORMATION. 
  
      Item 10(f) is hereby amended and supplemented by incorporating by
 reference therein the press release issued by Parent on October 5, 1998, a
 copy of which is filed as Exhibit (a)(17) to the Schedule 14D-1. 
  
  
 ITEM 11.  MATERIALS TO BE FILED AS EXHIBITS. 
  
      Item 11 is hereby amended to add the following: 
  
      (a)(17)   Press Release of Parent dated October 5, 1998. 
  

                                 SIGNATURE 
  
      After due inquiry and to the best of my knowledge and belief, I
 certify that the information set forth in this statement is true, complete
 and correct. 
  
 Date: October 9, 1998 
  
                                      LOCOMOTIVE ACQUISITION CORP. 
  
  
                                      By: /s/ Thomas R. Saldin
                                          ___________________________
                                      Name:  Thomas R. Saldin 
                                      Title: Vice President 
                                       
  
                                      ALBERTSON'S, INC. 
  
  
                                      By: /s/ Thomas R. Saldin 
                                          __________________________
                                      Name:  Thomas R. Saldin 
                                      Title: Executive Vice President,
                                             Administration and General
                                             Counsel



                             INDEX TO EXHIBITS
  
  
 Exhibit 
 Number        Exhibit

 (a)(17)       Press Release of Parent dated October 5, 1998.




                                
                                              OCTOBER 5, 1998 
  
  
 FOR IMMEDIATE RELEASE 
  
  
               ALBERTSON'S, INC. ANNOUNCES CONSUMMATION
                  OF SECOND STEP MERGER WITH BUTTREY 
  
  
      Albertson's, Inc. (NYSE:ABS) announced today that, pursuant to an
 Agreement and Plan of Merger, dated as of January 19, 1998, by and among
 Albertson's, Locomotive Acquisition Corp., a wholly owned subsidiary of
 Albertson's, and Buttrey Food and Drug Stores Company (NASDAQ: BTRY),
 Locomotive Acquisition Corp. has merged with and into Buttrey resulting in
 Buttrey becoming a wholly owned subsidiary of Albertson's.   
  
      Albertson's also announced that, as a result of the merger, any
 outstanding shares of Buttrey common stock (other than shares for which
 appraisal is sought under applicable provisions of Delaware law) not
 accepted for payment in connection with Albertson's tender offer for
 Buttrey common stock at $15.50 per share in cash, would be converted into
 the right to receive $15.50 per share in cash, upon presentation to
 ChaseMellon Shareholder Services, L.L.C., the Paying Agent for the tender
 offer, of appropriate documentation by the holder of any such Buttrey
 shares.  Within the next few days, ChaseMellon will mail to non-tendering
 stockholders materials to be used to exchange Buttrey stock certificates
 for such payment. 
  
      Albertson's, Inc. is one of the largest retail food-drug chains in the
 United States.  The Boise, Idaho based company currently operates 967
 retail stores in 25 Western, Midwestern and Southern states. 
  
  
      CONTACT:   Albertson's, Inc., Boise, Idaho 
                      Investor Relations 
                      A. Craig Olson 208/395-6284 
                      Renee Berquist 208/395-6622 
                      News Media 208/395-6392 
                      Mike Read 
                      Jenny Enochson





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