Governor Patrick from MA and Governor Hassan from NH today released a joint statement regarding the sale of our company. The statement is as follows; “In briefings today, all parties report that they are optimistic that an agreement will be reached to sell the company to Arthur T. Demoulas and to restore him to operating authority on an interim basis until the sale closes. Subject to reducing their agreement in principle to writing by Sunday, the Board will forestall taking adverse employment action against the employees who have abandoned their jobs. We are hopeful that employees will return to work, and the stores will reopen, early next week.” While this certainly seems like good news to the MB Faithful we are being guardedly optimistic. We have not heard anything from ATD or anyone on his side of this deal. We have stated all along that our one goal was to restore ATD as CEO with full authority. We have been on this emotional roller coaster for five weeks now and while this appears to be good news it may very well just be the roller coaster at the top of the hill before it crashes down. Keep your fingers crossed and stay tuned to Save Market Basket for information as we receive it...we dont celebrate or go back to work until we hear it from ATD himself.
Posted on: Fri, 22 Aug 2014 22:56:38 +0000
Trending Topics
Recently Viewed Topics
© 2015