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Market Basket's Demoulas, directors meet with mediator on Sept. 3. What to know
Market Basket's board and CEO Arthur T. Demoulas have agreed to meet with a mediator on Sept. 3 in an effort to resolve internal conflicts. Demoulas and five other executives were placed on leave in May amidst their conduct.
Both families came to America with little economic means and great hopes in the “land of opportunity.” Both families learned ...
A family feud has led to suspensions, firings of senior management at Market Basket supermarkets. One senior manager opened ...
According to the Market Basket Board of Directors, both Schmidt and Gordon were fired for making false and derogatory remarks about the company and people associated with it, and inappropriate ...
Infighting in the Demoulas family has gone on for decades, but this was the first time the family's squabble had such a deep impact on Market Basket stores. Market Basket stores have long been a ...
With news that the one Demoulas cousin is attempting to oust the other as CEO of the Market Basket grocery corporation, the long-running family feud is back.
Neither Arthur S. Demoulas nor Evans have owned stock in Market Basket since late 2014, when a sale of the company to Arthur T. and his family closed.
Members of the divided Demoulas family, whose bitter battle for control of the Market Basket empire clogged courtrooms in the 1990s and beyond, are acting out a civil litigation sequel that has ...
A deal to sell the majority stake of family-owned Market Basket to Arthur T. Demoulas for over $1.5 billion was finally inked before midnight tonight following weeks of tense negotiations.
Minutes from recent board meetings obtained by the Globe shed new light on issues that seem to be tearing apart the ...
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