"Get your act together" – Sainsbury’s investors berate board over Asda failure
By James Davey LONDON (Reuters) - Private shareholders in Sainsbury's berated the board of the British supermarket chain at its annual meeting on Thursday over its failed takeover of rival Asda, as well as a share price slump and what it pays its boss. Sainsbury's had its proposed 7.3 billion pound ($9.2 billion) takeover of Walmart owned Asda blocked by the UK competition regulator in April, which said the deal was likely to increase prices for shoppers
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