August 3, 2014 Read Arthur T. Demoulas statement By Douglas Moser dmoser@eagletribune Arthur T. Demoulas released the following statement Sunday evening: Arthur T. Demoulas and his side of the family have been working around the clock to pursue their offer to buy the 50.5 percent of shares in (Demoulas Super Markets) they do not own for a full and fair price. As part of his proposal, Arthur T. has also offered to move immediately to return to work in advance of the completion of the stock purchase and work to bring back his full team to stabilize and begin to restore the business. He offered to do so starting as soon as midnight tonight. These steps are critical at this point and are in the best interests of associates, customers, vendors and shareholders. Time is of the essence. Arthur T. is hopeful but resolution depends on the response of the other shareholders in order for an agreement to be reached.
Posted on: Mon, 04 Aug 2014 03:08:58 +0000
Trending Topics
Recently Viewed Topics
© 2015