In Market Basket sale, Arthur T. Demoulas is top issue

[graywarrior]

{snip}

In the case of Market Basket, the biggest issue is flesh and blood. It’s ousted president Arthur T. Demoulas.

http://www.bostonglobe.com/business/2014/08/07/role-arthur-demoulas-complicates-market-basket-bid-from-competitor/NKEPQJEfXboltCMVMIVNRP/story.html

2013 interview with Artie T.

http://www.lowellsun.com/ci_23647437

[canoeist52]

1. Here's a telling paragraph;

"The company pointed to proposals by El-Hage in 2011 and former board member Kenneth Tuchman in 2010 to borrow $1.5 billion or more to pay out to shareholders. According to the company, five shareholders on Arthur S. Demoulas' side of the family were paid $500 million combined after taxes in the last 12 years."

Looks like 8.3 million per year each, wasn't enough for the five shareholders.

[graywarrior]

2. The ultimate in greed

[graywarrior]

3. LOL, an ice cream store bans the bad Artie S

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[graywarrior]

4. Market Basket grocery carts

[URL=.html][IMG][/IMG][/URL]