Workers Wait As Market Basket Board Meetings On Sale ContinueThe Market Basket board of directors met briefly Wednesday afternoon and may meet again Wednesday night on whether to sell to ousted CEO Arthur T. Demoulas.
Market Basket Deal Imminent?The family feud that has brought the Market Basket supermarket chain to its knees may be nearing its end.
Mass., NH Governors Optimistic Market Basket On Brink Of Sale To Arthur T. Demoulas The two governors said in a joint statement Friday they are optimistic a deal will be reached to sell the company to fired CEO Arthur T. Demoulas and restore him on an interim basis.
Arthur T. Demoulas' Final Bid For Market Basket?Arthur T. Demoulas, the former Market Basket CEO at the center of the employee revolt, is expected to submit his final bid to buy the supermarket chain Friday, according to a published report.
Mass. Governor Hopes To Talk Again With Feuding Market Basket CousinsGov. Deval Patrick said he will likely speak to Arthur T. Demoulas and Arthur S. Demoulas Wednesday as negotiations in the Market Basket saga reach a "critical point."
Market Basket Employees Ignore Return To Work OrderSeveral hundred Market Basket workers ignored a crucial deadline Friday.
Daily Talker: Deadline For Protesting Market Basket Employees To Return To WorkFriday is the latest deadline set by Market Basket for employees who walked off the job at the company's headquarters and warehouse to return to work, or risk losing their jobs. They've been protesting for four weeks, demanding the reinstatement of former CEO Arthur T. Demoulas. This follows comments from Governor Deval Patrick on Wednesday, who spoke with the Board of Directors and with Arthur T, and said both sides are close to reaching a deal. He also said it's within the power of protesting employees to stabilize the company by going back to work.
Gov. Patrick Urges Market Basket Workers To Return While Deal Gets DonePatrick said he has spoken to both sides and they have an understanding or are very close to a sale price.
Market Basket Issues Last Request For Headquarters Workers To ReturnMarket Basket said a letter was sent to about 200 employees who have not reported to work at the headquarters and distribution centers since July 17.
Market Basket Board Presses Shareholders To Resolve DisputeThree members of Market Basket's board of directors pressed feuding shareholders to resolve their dispute to help the beleaguered supermarket chain resume normal operations.
Daily Talker: Another Company A "Serious Bidder" For Market Basket Says ReportAnother 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.
Daily Talker: Protesting The Market Basket Job FairDozens of workers demanding the return of ousted CEO Arthur T. Demoulas protested outside a Market Basket warehouse in Andover, during the first day of a three-day job fair held by the company. The workers greeted any car coming or going with a chorus of jeers, just in case it was a job applicant.
Market Basket Lets Workers Apply For Internal Positions By Email Instead Of Job FairMarket Basket CEOs said they wanted workers to have an opportunity to apply “without fear of intimidation and harassment.”
Girl At Market Basket Protest Struck By CarPolice say 12-year-old girl was struck by a car while attending a Market Basket protest in Seabrook, New Hampshire.
Customers Join Mass. And NH AGs In Putting Market Basket On NoticeMarket Basket’s new CEOs were advised to keep state laws about firings in mind if they let employees go.