Skip to Content

Breaking down the Market Basket deal

Grocery shoppers are streaming back into New England supermarket chain Market Basket, after Arthur T. Demoulas reached a $1.5 billion deal to buy the 51% stake he didn’t already own from estranged cousin Arthur S. Demoulas. Workers had walked out in solidarity with Arthur T., while many customers and vendors also boycotted.

Fortune reported yesterday that The Blackstone Group was backing Arthur T.’s deal, and yesterday I discussed the issue on WGBH’s Greater Boston program. Video below: