Clarke Inc. announces investment in Vitran Corporation Inc.

About this update from Clarke Inc.

[{"type":"text","content":"\n\n\nHALIFAX, Oct. 11, 2013 /CNW/ - Clarke Inc. (\"Clarke\") (TSX: CKI\n CKI.DB.A) announces that it has acquired 337,861 shares of Vitran\n Corporation Inc. (\"Vitran\") at a price of $5.30 per share, representing\n approximately 2.06% of the total outstanding shares.\n\n\nClarke owns 2,133,591 shares of Vitran, representing approximately\n 12.98% of the total outstanding shares.\n\n\nThe purchase of the Vitran shares by Clarke was made for investment\n purposes. Clarke may, from time to time, acquire additional shares of\n Vitran, dispose of some or all of the existing or additional shares of\n Vitran, or continue to hold the shares of Vitran in the normal course\n of Clarke's investment activities. Clarke may also, from time to time,\n approach Vitran's management and/or board of directors to discuss\n Clarke's investment in Vitran.\n\n\nAbout Clarke\nHalifax-based Clarke Inc. invests in undervalued businesses and\n participates actively where necessary to enhance performance and\n increase return. Clarke's securities trade on the Toronto Stock\n Exchange (CKI, CKI.DB.A); for more information about Clarke Inc.,\n please visit our website at www.clarkeinc.com.\n\n\nForward-Looking Statements\nThis press release may contain or refer to certain forward-looking\n statements relating, but not limited to, Clarke's expectations,\n intentions, plans and beliefs with respect to Clarke. Often, but not\n always, forward-looking statements can be identified by the use of\n words such as \"plans\", \"expects\", \"does not expect\", \"is expected\",\n \"budget\", \"estimates\", \"forecasts\", \"intends\", \"anticipates\" or \"does\n not anticipate\", or \"believes\", or equivalents or variations, including\n negative variations, of such words and phrases, or state that certain\n actions, events or results, \"may\", \"could\", \"would\", \"should\", \"might\"\n or \"will\" be taken, occur or be achieved. These forward-looking\n statements include, but are not limited to, statements regarding the\n trading price of the Company's securities not fully reflecting the\n value of the Company's business.\n\n\nForward-looking statements rely on certain underlying assumptions that,\n if not realized, can result in such forward-looking statements not\n being achieved. Forward-looking statements involve known and unknown\n risks, uncertainties a...

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