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Clarke Inc. ups stake in Vitran

HALIFAX, N.S. -- There continues to be lots of interest surrounding Vitran, since it shed its US operations earlier this month.


HALIFAX, N.S. — There continues to be lots of interest surrounding Vitran, since it shed its US operations earlier this month.

Last week, TransForce made a bid to acquire all its outstanding shares at US$4.50. Today, Clarke Inc. announced it was buying 1,000 shares of Vitran Corp. at $4.91 per share.

The transaction represents just 0.01% of the total outstanding shares, but brings Clarke’s share of Vitran to about 10%.


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