Market Basket Dispute Ends; Arthur T. Demoulas New Owner [PHOTOS]
Artie T. is back at Market Basket and employees are rejoicing! An agreement has been reached in the family dispute that left Market Basket shelves bare with workers and shoppers protesting.The Save Market Basket Facebook page says,
“We Are Market Basket and WE ARE BACK!!
Tonight, the resolution we all have been fighting for for so long has come to be. The Board of Directors has approved the sale of the company to the family of Arthur T. Demoulas and we are back in the building starting tomorrow! The entire management team including those fired and those who resigned will be back as well to start the process of rebuilding. Most importantly, ATD is back!!”
The deal was signed by Arthur T. Demoulas and the Board of Directors on Wednesday night. It will be several months before the deal is final, but Arthur T. Demoulas is back at the helm. The deal is reportedly worth $1.5 billion.
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