Well. I have a sure gain of about 10% if I wait (and save brokerage fees) on my warrants. 


Why vote no?  Because I think this is a bad deal valuation.  I'm also hoping to see another bidder who won't be buying us with our own money, if the vote requires approval by the majority of the minority.  


I think The Brick would be a great fit for a US retailer who wants to expand into Canada.  If a bid like that comes out of the woodwork, Leon's will have to keep pace or face the prospect of being crushed by the competition.  Yes .... I'd like a bidding war.