Market Basket board says it’s considering offers

There are 71 stores in New England

Meat manager Dave Fillebrown wipes down largely empty shelves Thursday, July 24, 2014 at a Market Basket supermarket in Haverhill, Mass. A decades-long family feud, which brought about the ouster of Arthur T. Demoulas as CEO of the privately held company, led to a worker revolt, customer boycotts and empty shelves in the grocery chain's stores in Maine, Massachusetts and New Hampshire. More than 100 Massachusetts legislators and mayors, Massachusetts Attorney General Martha Coakley, and New Hampshire Gov. Maggie Hassan have publicly supported the employees. (AP Photo)

BOSTON (AP) — The Market Basket board says it is continuing to evaluate several offers to buy the embattled supermarket chain among other “strategic alternatives.”

The statement Tuesday said it is considering an offer last week from ousted CEO Arthur T. Demoulas to buy the chain owned by feuding members of his family, but said he is one of several potential buyers.

The board, controlled by his cousin Arthur S. Demoulas, fired Demoulas in June. Employees loyal to Arthur T. have demanded his reinstatement. Workers have held protests, and refused to make warehouse deliveries to stores.

The board said while Demoulas’s bid “provides a path toward solving many of the problems he has helped to create” it’s just one option.

The board said it will make a recommendation to shareholders, but gave no timetable.

There are 71 stores in New England.

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