Sainsbury's shares were on track for their lowest point since 1989, after the Competition and Markets Authority (CMA) blocked its proposed £7.3bn merger with Asda.
Down nearly 5%, the shares are trading at 216p as of 10.34am GMT, close to their lowest level in 25 years. The shares reached a high of £6 back in 2007, but have struggled since then. The competition...
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