Patrick urges Market Basket workers to return to work

[HeiressofBickworth]

9. "are close to a sale price"

As a former corporate paralegal, I can tell you that the purchase price of a business is based on revenues. What Patrick is suggesting is that workers give up, go back to work, keep the revenues up so a more beneficial price (for the owners) can be negotiated. And, what usually happens after a sale, employees are reviewed for retainability. Workers who have been out on strike will most likely NOT be eligible for retention. And even if some are retained, it will be for a short period while the new owners decide whether or not to fill the position at all. I suspect that the firing of the CEO was just the first move in the sale and eventual dismantling of the business. Additional profits (for the owners) will come from the sale of assets and leases. And the employees will, once again, be the ones screwed.