Arthur T. Demoulas makes offer to buy Market Basket
SEAFOODNEWS.COM [Boston Globe] By Casey Ross July 24, 2014 -
Arthur T. Demoulas on Wednesday said he will make an offer to buy the Market Basket supermarket chain, seeking to regain control of the fractured company and end the decades-long family feud that has exploded into an extraordinary public spectacle this month.
Demoulas said in a statement that he and his side of the family will try to buy the 50.5 percent of Market Basket now controlled by opposing relatives who supported his firing last month as president of the company.
It was not immediately clear whether the offer was being seriously entertained by family shareholders who have battled with Demoulas for control of the company since the early 1990s.
(The Boston Globe also reported on the impact the unrest has had on its seafood suppliers...
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