date:Aug 25, 2014
Market Basket, the U.S. supermarket chain paralyzed since the ouster of company head Arthur T. Demoulas, may announce a deal today or tomorrow to sell the company, a person familiar with the matter said.
Demoulas has offered to buy full ownership of the grocer for about $1.5 billion, said the person, who asked not to be identified because hes not authorized to speak publicly about the negotiations.
The offer values Tewksbury, Massachusetts-based Market Basket at about $3 billion.
Demoulass fi