Arthur T. Demoulas said in a statement that he and his side of the family want to buy the 50.5 percent of the company now controlled by relatives who backed his firing last month.
The former CEO of Market Basket says he will make an offer to buy the Market Basket supermarket chain.
In a statement provided to the Boston Globe and the Lowell Sun, Arthur T. Demoulas said he and his side of the family will try to buy the 50.5% of the company owned by other relatives who forced him out as CEO last month.
Market Basket protesters plan to hold their final rally on Friday in Tewksbury, according to group organizers.
Several days of peaceful protests at Market Basket supermarkets around New England were interrupted by an arrest in New Hampshire.
The Market Basket Saga continues…
Todd Feinburg fills in for Dan Rea.
A supermarket industry analyst says if management can’t get it together fast, the company is in big trouble.
Picketers aren’t stopping shoppers outside several local Market Basket supermarkets, but the empty shelves inside are driving many away.
Market Basket workers rallied again Monday in support of the former chief executive and other workers who were fired.
Workers supporting fired Market Basket CEO Arthur T. Demoulas plan to hold another rally Monday morning outside one of the grocery chain’s stores in Tewksbury, as the battle between workers and management starts to affect customers.
Shoppers report finding either bare or nearly-empty shelves, and say some basic items are hard to find.
Market Basket fired at least eight workers on Sunday as employees rallied for the return of their ousted CEO.