Market Basket CEO Arthur T. Demoulas has been fired, the board of directors announced Wednesday.

The two sides went to mediation last week in Delaware to try and end the struggle for control of the Massachusetts-based supermarket chain, but failed to resolve their issues.

"Despite extensive efforts by the Board and Mr. Demoulas to come to terms, the mediation was not successful. The Market Basket Board late yesterday voted unanimously to remove Arthur T. Demoulas as President and CEO of Market Basket. The Board has filed an action in the Delaware Court of Chancery in connection with the removal," board chair Jay Hachigian said in a statement Wednesday.

Related: Why was "Artie T." fired? The history of the Market Basket family drama.

Arthur T. Demoulas statement

Demoulas, 70

See Full Page