The 'Will it? Won't it?' saga of a Sainsbury's takeover came to a head in the press this week. Following the news on Monday that the suitors CVC, Blackstone and Texas Pacific had put in a higher £10bn offer for the supermarket came the revelation on Tuesday that the bidders had thrown in the towel. What a surprise! It was not the only takeover speculation that grabbed column inches this week. The ongoing tale of Imperial Tobacco's attempted takeover of cigar and cigarette group Altadis also did the rounds, with The Guardian announcing that Imperial's increased approach price of £32 a share had been rejected. The Times, meanwhile, said the company's share price, also £32, pointed towards Altadis being bought by someone even if the Imperial bid fell flat. The delayed publication of the Competition Commission's inquiry into the grocery sector was another burning issue. According to The Independent, the CC had probably dashed Tesco's hopes that it would widen its definition of a local market by dragging its investigation into 2008. The Independent also covered the story of general secretary of the National Union of Teachers Steve Sinnott's call for a ban on sport sponsorship by the drinks industry by 2012. Sinnott said alcohol drink firms' sponsorship of sport was sending out the wrong message to children.