CLARK EQUIPMENT &lt;CKL> BUYS 1.3 MLN SHARES

  Clark Equipment Co said it has
  purchased 1,339,000 shares of its common stock from an investor
  group led by Arthur M. Goldberg for 26.375 dlrs a share.
      It said the purchase reduces the number of shares of Clark
  common stock to be purchased under its stock repurchase plan
  announced March 10. At the time the company said it would buy
  back 3.0 mln shares, or 16 pct of the outstanding stock.
       Clark Equipment also said the investor group agreed to
  enter into a standstill agreement which prohibits members of
  the group from purchasing shares of voting securities of Clark
  for 10 years.
  

