Market Basket protests

Market Basket protests
Market Basket protests
Date	June 24 - August 27, 2014
Location	New England, (mainly Massachusetts)
Caused by	Schism within Demoulas family after Telemachus “Mike” Demoulas and his late brother, George’s widow had disagreements over finances.; Removal of Arthur T. Demoulas as CEO.;
Goals	Reinstate Arthur T. Demoulas as CEO.;
Methods	Demonstration; Picketing; Lobbying;
Status	Concluded
Parties
Protesters Market Basket employees; Local customers; ;	Market Basket;
Lead figures
	Arthur T. Demoulas Arthur S. Demoulas

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]

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

[Bloomberg-1] Moroney, Tom; Staiti, Chris (28 August 2014). "Market Basket Revolt Ends as Arthur T. Demoulas Wins Bid". Bloomberg.

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