Topic: Growth Stocks

LEON’S FURNITURE LTD. – Toronto symbol LNF

LEON’S FURNITURE LTD. $12.66 (Toronto symbol LNF; TSINetwork Rating: Average) (416-243- 7880; www.leons.ca; Shares outstanding: 70.6 million; Market cap: $893.8 million; Dividend yield: 3.2%) has received notice that the Canadian Commissioner of Competition will not challenge the company’s $700-million acquisition of The Brick (symbol BRK on Toronto) before the Competition Tribunal. Brick shareholders have already approved the takeover.

Leon’s is still a buy.

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