Sun Capital ups Pier 1 stake to 5.1%

March 2007
Furniture/Today;3/26/2007, Vol. 31 Issue 29, p212
Trade Publication
The article reports that affiliates of Fort Worth, Texas-based Sun Capital Partners Inc. have increased their stake in struggling specialty retailer Pier 1 Imports Inc. to 5.1 percent of the chain's common stock. Sun Capital said that its affiliates have acquired about 1.5 million shares between February 26 to March 5, 2007, boosting its total to 4.47 million shares.


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