Quote:
Originally Posted by ITD
It's coming, this is a $3 billion business that is being decimated because of this, if it doesn't get fixed soon it will be worth pennies on the dollar. That being said, we are talking about a $1 billion+ transaction between people who hate each other, it won't happen overnight but even the biggest of fools would not let that much wealth evaporate which is what will happen if they don't act.
That being said, I predict a deal within one to two weeks.
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What a great deal for the politicians! They express concern, attend a few meetings, and then within a relatively short period of time can take credit for "saving Market Basket", something that would probably have happened anyway. They will probably get campaign donations out of it as well.