How Market Basket employees saved CEO Arthur T. Demoulas
Posted on AllSides August 28th, 2014
From The Left
The ouster of Demoulas, or Artie T., as his employees called him, prompted six weeks of protests and boycotts of the chain. It ended Wednesday night with a deal in which Artie T. and his allies will buy the 50.5% stake in the company owned by his rival cousin, Arthur S. Demoulas.
Artie T.'s management team, which was fired after protesting his forced departure as chief executive, will also be reinstated, the company said in a statement. He will run the company alongside its current two co-CEOs as the deal...
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