03:43 PM EST - Vitran Corporation Inc. : announced the intended asset acquisition of Milan Express' LTL business. Milan's regional LTL business operates 34 facilities in central and southeastern United States. For the year ending December 31, 2010, Milan's LTL operation generated revenues of $70 million. Upon closing, Vitran expects this transaction to be immediately accretive to its earnings. Vitran Corporation Inc.
shares T.VTN are trading up $0.68 at $13.43.
