3 Market Basket board members say they have plan

A customer walks by the empty produce isle at the Market Basket supermarket chain Thursday July 24, 2014, in Concord, N.H. Arthur T. Demoulas, the former chief executive of the Market Basket supermarket chain whose ouster has led to employee protests, customer boycotts and empty shelves wants to buy the entire company. He said in a statement Wednesday that he and his side of the family want to buy the 50.5 percent of the company now controlled by relatives who backed his firing last month. (AP Photo)

BOSTON (AP) — Three members of Market Basket’s board of directors say they have proposed a plan to get the beleaguered supermarket chain back to normal operations as its fired CEO Arthur T. Demoulas pursues buying controlling interest.

In a statement Friday afternoon, the board members said their proposal would let Demoulas and his former management team assist in a return to normal operations, but not take control.

A spokeswoman for Arthur T. Demoulas called the offer an attempt to have him stabilize the company while they consider selling it to another bidder. Demoulas had offered Sunday to return as CEO while sales talks continue.

Demoulas was fired in June by the board, which has been controlled by his rival cousin, Arthur S. Demoulas.

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