Sources: Shareholders not invited to Demoulas meeting - 7News Boston WHDH-TV

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Sources: Shareholders not invited to Demoulas meeting

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TEWKSBURY, Mass. (WHDH) -  Sources tell 7News shareholders will not be attending the Market Basket meeting Friday morning; it will just be the board of directors.

And they have some big decisions to make.

7News has learned the board could entertain three different scenarios.

The first: accept fired CEO Arthur T. Demoulas' offer to buy all the additional shares he doesn't own. Sources tell 7News he offered more than what they're worth.

The second possibility: consider the other offers. We're told there are other bidders out there who want to buy market basket.

The third possibility is to sell the company off piece by piece, which would end Market Basket as it's currently known.

The meeting is scheduled for Friday morning.
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