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NEWS

September 15, 2014
Curtis Represents Group of Class A Shareholders of Demoulas Super Markets, Inc.

 
Curtis represented a group of Class A Shareholders of Demoulas Super Markets, Inc. (DSM) in a transaction for the sale of their shares, and the shares of other Class A Shareholders, to the Class B Shareholders of DSM.  DSM is a closely held company owned by members of the Demoulas family that operates the Market Basket supermarket chain in Massachusetts, New Hampshire and Maine. 
 
The transaction values DSM at several billion dollars and is the result of weeks of intense negotiations following decades of litigation.  Curtis attorneys engaged in round-the-clock negotiations to reach a signed agreement. Given the significant implications on tens of thousands of jobs and customer access to affordable groceries, the Governors of Massachusetts and New Hampshire intervened in the negotiations and met and spoke frequently with Curtis attorneys as the discussions reached the final stages.  The transaction received significant media attention in New England and throughout the nation.
 
More than a dozen attorneys at Curtis worked on this matter.  The Curtis team was led by Corporate M&A partner Lawrence Goodman and Trusts & Estates partner Tina Albright.  Attorneys working on the matter included Corporate M&A counsel Joshua Geller and associate Joshua Holt, Corporate Finance partner Evan Borenstein and associate Brendan Snowden, Tax partner Alan Berlin and counsel KC Chiang, Restructuring & Insolvency partner Steven Reisman, Real Estate partner Martin Forman and counsel Catherine Baecher, Litigation partner Turner Smith, Antitrust partner Jeffrey Zuckerman, and Trusts & Estates associates Michael Schwartz and Jonathan Byer.
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