After employees of Market Basket rallied for six weeks over the firing of Arthur T. Demoulas, his cousin and majority owner of Market Basket Arthur S. Demoulas agreed to sell his company shares to Arthur T. Demoulas for over $1.6B. Following this transaction, Arthur T. Demoulas is scheduled to return immediately to the company and will eventually become chief executive in the coming months. This resolution came with the aid of New Hampshire?s Governor Maggie Hassan and Massachusetts?s Governor Deval Patrick who lent their support to the Market Basket employees.
See "Workers Win Supermarket President?s Job Back", Katharine Q. Seelye and Michael J. de la Merced, The New York Times, August 27, 2014