date:Aug 25, 2014
n.
Arthur T. Demoulas would be buying the controlling stake in Market Basket from a branch of the family led by Arthur S., who controls the seven-member board.
Arthur T.s side owns 49.5%
His offer includes $500 million in financing from an unidentified private equity group, the Boston Globe reported.
Spokesmen for Market Basket and both sides of the Demoulas family declined to comment or didnt respond to requests for comment.