BOSTON -- Telemachus (Mike) Demoulas, president of Demoulas SuperMarkets here, and members of his family have been ordered by a Superior Court judge to restore hundreds of millions of dollars in assets to the family of his late brother George Demoulas. Demoulas SuperMarkets, or DSM, reportedly will appeal the decision. Chain officials could not be reached for comment. Primary among the assets to be restored is Market Basket, the 43-store New England chain owned and operated by Market Basket ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.