Daily Talker: Another Company A “Serious Bidder” For Market Basket Says Report
Another company has come forward as a “serious bidder” for the Market Basket chain, according to a report in this morning’s Boston Globe.
According to people briefed on the negotiations who spoke to the paper, the potential buyer has expressed interest in buying all or part of the 71-store regional chain. The identity of the bidder was not revealed, but sources told the Globe the offer is close in value to the one submitted by ousted CEO Arthur T. Demoulas.
Company leadership wrapped up its job fair on Wednesday, opening up applications to those outside the company. While current Market Basket workers protested outside the chain’s Andover warehouse, a steady stream of people showed up to apply.
“We get it. Their point has been made. But it’s time to wrap it up, and get on with business,” said Hazel Williams, who was recently laid off by Raytheon and was applying for an accounting job. “People need jobs, and if they don’t need their job, then someone else can get it.”
“You know you’re not going to just get someone off the street to come in and do our job that we’ve been doing for many many years,” said Market Basket quality control manager Bill Shanahan.
Would the sale of Market Basket to another chain bring this battle to an end? Would you return to the chain if someone outside the Demoulas family owned it? Share your comments below, and watch for them on WBZ News in the Morning from 4:30 to 7:00 a.m.