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Chancery Affirms Market Basket's Ouster Of 'Imperious' CEO

By Julie Manganis ( April 20, 2026, 5:11 PM EDT) -- Longtime Market Basket CEO Arthur T. Demoulas' highly publicized ouster from the New England supermarket chain last year was justified by his unwillingness to cooperate with the company's board on succession planning and other matters, the Delaware Chancery Court ruled Monday....

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