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Leon's Acquisition of The Brick Clears Hurdle

By Aggregated Content in Acquisition on March 12, 2013 from http://www.theglobeandmail.com/globe-investor/the-bricks-takeover-of-leons-clears-competition-hurdle/article9654936/

Leon's Furniture Ltd. and The Brick Ltd. say a key hurdle has been overcome in The Brick's plan to take over its rival.

Both companies say the Commissioner of Competition has issued a "no-action" letter, meaning the deal won't be challenged before the Competition Tribunal. The deal is now expected to close March 28.

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