TEWKSBURY, Mass. (MyFoxBoston.com) -- The Market Basket saga fueled by the ousting of CEO Arthur T. Demoulas is facing another deadline Friday.
The company heads wanted the controversy ended by Friday, but whether they are ready to make a deal remains uncertain as of Thursday evening.
If Hannaford wins the bid, it's understood that it could take a long time to finalize. Marketing analysts are concerned because the two chains overlap in the Commonwealth and the Granite State, and that could require the Federal Trade Commission to conduct a review which could take up to a year. Marketing experts say if that happens, one could risk their entire customer support base including vendors, but you never know how much is being offering behind closed doors.
The governors of Mass. and N.H. both met with the board last Sunday and encouraged them to resolve the matter within a week.
Meanwhile between the employees protesting and customer support, Market Basket remains at a stand still, losing money by the day.
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