Trade Resources Industry Views There Continues to Be Lots of Interest Surrounding Vitran

There Continues to Be Lots of Interest Surrounding Vitran

Tags: Service, economy

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%.

Source: http://www.trucknews.com/news/clarke-inc-ups-stake-in-vitran/1002626543/
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Clarke Inc. UPS Stake in Vitran
Topics: Service