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Tesco PLC (LON:TSCO) and J Sainsbury PLC (LON:SBRY) shares are going to see more interest from investors and short-sellers after the rebuffed private equity bid for Morrisons, according to analysts at broker Short Capital. “For some ‘shorters’, further bid activity may lead to an abrupt exit and so a short squeeze so to speak, that could elevate the respective share prices,” said Shore Cap’s Clive Black and Darren Shirley in a note on Monday morning.
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