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Market Basket protests information


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On June 23, 2014, the Board of Directors of DeMoulas Super Markets, Inc. (led by Arthur S. Demoulas), the company that runs the Market Basket chain of supermarkets, fired President and CEO Arthur T. Demoulas.[1] Demoulas's dismissal resulted in protests from the company's employees and customers.[1] The protests ended on August 27, 2014, when the company's shareholders, including Arthur S. Demoulas, agreed to sell their shares to Arthur T. Demoulas.[1]

  1. ^ a b c Moroney, Tom; Staiti, Chris (28 August 2014). "Market Basket Revolt Ends as Arthur T. Demoulas Wins Bid". Bloomberg.

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