Intermark of La Jolla, which hopes to...
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Intermark of La Jolla, which hopes to acquire all the formula rate preferred stock of Pier 1 Imports, has extended the offer to June 14, according to a filing with the Securities and Exchange Commission.
Also, Intermark has waived the 100% condition to its offer and will purchase all shares properly tendered.
Fort Worth, Tex.-based Pier 1 is North America’s leading specialty retailer of decorative home furnishings.
Intermark, which owns 51.2% of Pier 1’s outstanding voting securities, is an operating and holding company.
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