The Globe and Mail reports in its Tuesday edition that money manager Kevin Burkett recently sold Andlauer Healthcare Group, a logistics company in the health care industry. The Globe's Brenda Bouw quotes Mr. Burkett, partner and portfolio manager at Victoria-based Burkett Asset Management, saying that Andlauer "is a stock we sold after it recently announced it was being taken over by United Parcel Service for $55 a share. We bought the stock in February and March for an average price of $43.50 a share. We liked that it had a stable customer base in the health care field. It's also defensive, given the aging population, increased retail drug purchases and strong moat given the strict regulations around pharmaceutical transportation in Canada. It has also been making acquisitions in the U.S. While we were lucky with the quick stock appreciation after the UPS acquisition, we were also a bit disappointed. We wanted to own it for a longer period of time and hoped it would do better than the UPS acquisition price. We sold our shares on April 24 for $53.42 each. We decided not to wait until the deal closed so we could put the money into another stock." Burkett Asset Management oversees about $430-million in assets.