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Elliott Associates sells some 4.8 million shares of Pier 1
By Lisa Kerner
Charlotte, N.C., Dec. 28 - Investors led by Elliott Associates, LP sold 4,756,802 shares of Pier 1 Imports, Inc. common stock between Oct. 29 and Dec. 27.
The shares were priced from $3.94 to $5.51 each, according to a schedule 13D filing with the Securities and Exchange Commission.
The reporting persons beneficially own 461,256 shares, or 0.5%, of the Fort Worth, Texas, specialty retailer.
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