Wednesday, March 14, 2007

Sun Capital Boosts Stake in Pier 1 Imports (PIR) to 5.1%

In a 13D filing on Pier 1 Imports, Inc. (NYSE: PIR), SCSF Equities (Sun Capital) disclosed a 5.1% stake (4.47 million shares) in the company. The firm disclosed a 2.89 million shares stake in PIR for the quarter ended December 31, 2006.
In a pretty standard disclosure, the firm said it has no present plans or proposals that relate to or that would result in any of the actions specified in clauses (a) through (j) of Item 4 of Schedule 13D.

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