Sunday, August 17, 2014

U. S. Senate candidate Andy Martin has contacted Rafaela Evans, the “swing shareholder” in the Market Basket battle


Republican U. S. Senate candidate Andy Martin is working overtime to save Market Basket for its 25,000 employees and millions of customers in New Hampshire and Massachusetts. Andy has now contacted Rafaela Evans, a shareholder in Market Basket who holds the “swing” stockholding that can shift control of the corporate giant. “I have asked Ms. Evans to return her loyalty to ‘Arthur T’ from ‘Arthur S,’” Andy says. I don’t know why she turned against Arthur T but Ms. Evans’ action has cost her tens of millions of dollars.” “While still campaigning to win the Republican nomination for the U. S. Senate I am working to save Market Basket for the 25,000 loyal employees and for the people of New Hampshire and New England that rely on the firm for high quality and low prices,” the senate candidate says.

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FOR IMMEDIATE RELEASE:

Republican U. S. Senate candidate Andy Martin fights to protect Market Basket employees and customers

Andy has contacted the “swing shareholder” in the Market Basket conflict, Rafaela Evans in London

(Manchester, NH) (August 16, 2014) 

Dear Granite Stater:

Hundreds of thousands of us used to shop at Market Basket. Market Basket has thousands of loyal employees in New Hampshire, as well as thousands more who depend on those MB paychecks.

A couple of weeks ago the dingbat newspaper in Dover attacked me for working to help solve the Market Basket crisis. Then the corporate honchos dumped thousands of their Market Basket employees in the New Hampshire state unemployment line, costing taxpayers millions of dollars. Who was right? Me, who has fought to save the company? Or the Dover Daily Dingbats and self-styled “journalists” who ridiculed me for working to protect employees, customers and our New Hampshire economy? The answer is pretty obvious, isn’t it? Foster’s Daily Dingbat should stick to distributing advertising circulars and stop pretending they know anything about politics, government or economics.

So where do we go from here?

I am still fighting for you, whether you are an employee or customer of Market Basket. In addition to my candidate duties in the U. S. Senate primary I am devoting time and resources to helping to find a solution to the Market Basket corporate wars.

The ownership of Market Basket is almost evenly split between two warring family factions. The “swing voter [shareholder]” is Rafaela Evans, a lady who lives in London and can sway control of the supermarket giant from one faction to the other. For years she supported “Arthur T.” Demoulas. Last year she switched allegiance to “Arthur S.” Demoulas, with disastrous consequences for everyone involved.

I have now contacted Ms. Evans and asked her to reconsider her support in light of the disastrous consequences of her shareholder vote switch last year. Here is my letter (with letterhead removed):

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Ms. Rafaela Evans
Artaela Ltd.
1st Floor
236 Gray’s Inn Road
London, WC1X 8HB
U.K.

Dear Ms. Evans:

I am a U. S. Senate candidate who has been working hard to protect the interests of Market Basket workers and customers in the current chaotic situation surrounding the firm. By the time you receive this letter my web page may have our Market Basket TV commercials on the Internet (www.AndyMartin2014.com).

A hundred-year enterprise is being destroyed in a manner that benefits no one.

While some suggest that “Arthur S.” Demoulas is motivated by greed, his recent management changes have decimated the market value of Market Basket. Greed has backfired. If the motivation for firing a successful chief executive was petty revenge, all of the shareholders have been impoverished by the tactics of current management.

You apparently hold the “swing votes.” For reasons unknown to the public last year you switched your votes from one faction to the other.

I urge you to reconsider your actions and your allegiance. Switching your votes has cost you tens of millions of dollars, hardly a wise investment strategy.

I am the product of a Greek-American family and so I understand Balkan feuds. I have offered to mediate. But the corporate leaders appear insistent on running the company into the ground. Management threats to fire employees are only going to inflame the situation.

Please call me in the US or allow my London office to send someone to meet with you in person.

I hope we share the common goal of preserving Market Basket’s history and preserving the firm as a valuable asset for owners, for workers and for the communities they serve.

Please act immediately.

With personal regards,

Andy Martin

AM:sp

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I plan to keep fighting for Market Basket workers and customers all across New Hampshire. Isn’t that what you would expect of a U. S. Senator?

Loyally,

Andy

(c) Andy Martin 2014 - All Rights Reserved

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