Ex-president's bid 'one of several,' Demoulas says

Demoulas Super Markets said Tuesday it is considering a variety of strategic alternatives, including a possible sale.

However, it noted that, “despite reports to the contrary,” Arthur T. Demoulas, the deposed president, is “but one of several potential buyers … who continue to express a strong interest in purchasing the company.”

Demoulas was fired by the board in mid-June.

In a formal statement the company’s board of directors said Demoulas’ offer provides “a path

Register to view the full article

Already a member? .

TAGS: News
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.