The Avanti Group the equities research house based in Tokyo, providing professional trading and investment research solutions to institutional and private investors across the globe have recently drawn their investor’s attention to an announcement of a deal, which values the Tewksbury, Massachusetts based Market Basket supermarket chain at approximately $3 billion, expected to come as soon as tomorrow or possibly the day after, potentially bringing to an end an ugly family dispute that has seen workers at the supermarket chain support their ousted head by staging industrial action at the stores locations.

The firing of Demoulas as Market Basket’s CEO back in June by its board controlled by Arthur S. Demoulas, his cousin who controls 50.5% of the company, created open revolts by both workers and customers of the super market chain that has resulted in empty shelves across the company’s 71 store locations. According to Thomas Kochan, a Professor of Management Studies at the Massachusetts Institute of Technology, this show of support for the ousted CEO of Market Basket is an unprecedented one in modern American history.

“Blood may well be thicker than water, but it is also a lot harder to get out of the board room’s carpet as we are seeing with the situation at Market Basket, whose family board has made backstabbing into an art form. What truly is surprising is the loyalty shown by employees of the supermarket chain to the fallen CEO, coming at a time in the U.S where manufactured classism is almost trendy again,” said a Senior Analyst and Researcher at The Avanti Group.

The Market Basket super market chain was founded in 1927 by Greek immigrants, as a single store located Lowell, Massachusetts, since then Market Basket has endured decades of family in fighting over control of the chain. The controlling stake in Market Basket that Arthur T. Demoulas would be buying is from the family branch headed by Arthur S, who has control over the seven-member board of the chain. Arthur T.’s side of the family owns in contrast some 49.5%. The offer for the Market Basket supermarket chain comprises some $500 million in external financing from an as yet unidentified private equity group according to some reports.

“This offer should be confirmed in the next day or so enabling a clearer picture to emerge in regards to the possible future make up of the super market chain, If successful we would expect to see some resignations occur in a very rapid period, if not then this whole sorry saga could easily repeat itself,” concluded the Senior Analyst and Researcher at The Avanti Group.

The Avanti Group is an equity research house providing research and analysis outsourcing solutions for institutional financial traders worldwide, founded in early 2003.