NORTH CHARLESTON, SC, Dec. 10 /CNW/ - Jerry Zucker ("Zucker") announced
today that he has purchased 436,268 common shares of Garneau Inc. ("Garneau")
(TSX: GAR) through the facilities of the Toronto Stock Exchange. The 436,268
common shares purchased by Zucker represent approximately 3.61% of the issued
and outstanding common shares of Garneau.
Prior to the transaction, Zucker owned or exercised control over
approximately 10.93% of the issued and outstanding common shares of Garneau.
As a result of the transaction, Zucker owns 1,755,468 common shares, or
approximately 14.54% of the issued and outstanding common shares of Garneau.
The common shares of Garneau were acquired for investment purposes.
Zucker may acquire additional shares of Garneau, subject to price and
For further information:
For further information: Robert Johnston, 4838 Jenkins Avenue, North
Charleston, South Carolina, 29405, (843) 744-5174, ext. 207