Source: Market Basket Votes $250M Distribution to Shareholders - Business News -BoardProspects

Source: Market Basket Votes $250M Distribution to Shareholders

Business News Aug 26 2013 BoardNews

When Market Basket's board of directors met on Thursday, workers gathered to show support for what they thought might be a move to oust CEO Arthur T. Demoulas. That didn't exactly happen, but according to a source familiar with the outcome, the directors voted to authorize a $250 million distribution from the parent company's coffers...
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Topics Mentioned
- MDC Partners
- Chairman
Authors
- Galen Moore