O'Reilly logo

We Are Market Basket by Grant Welker, Daniel Korschun

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

8

“A Predetermined Assault”

The battle for Market Basket started, simply enough, with a change of heart for a single minority shareholder. That shareholder was Rafaela Evans, the widow of Arthur S.’s brother Evan Demoulas. Though by 2013, she lived in Europe and had only distant ties to the Demoulas family, it was her decision that led to a domino effect that changed Market Basket forever.

Only nine individuals owned shares of the company—all descendants, or in-laws of descendants, of two brothers: George and Telemachus Demoulas. When Evan Demoulas, one of George’s sons, died in a car accident in 1993, his widow and his daughter inherited his shares. Though she was rarely heard from, Rafaele Evans played a pivotal role. The heirs of Telemachus ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required