Market Basket Employees Rush to Stock Shelves

Arthur T. Demoulas regained control of Market Basket in a $1.5B deal

The messy ownership battle over Market Basket is now over and people are hard at work to get supermarkets fully stocked and customers back in the door after several months of protests.

The Market Basket board of directors announced late Wednesday that an agreement was reached to allow once-ousted CEO Arthur T. Demoulas to purchased majority of the company for $1.5 billion.

Warehouse workers have been working around the clock to get products on the trucks and out to the 71 stores.

The Boston Herald reports that during negotiations, Arthur T. refused to end an employee uprising or pay a security deposit until he and his sisters won total control of the company.

The paper also reports that the board wants Arthur T. to encourage employees to return to work.

Contact Us