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Published on 10/27/2008 in the Prospect News Special Situations Daily.

SCSF Equities ups stake in Pier 1 to 6.2%

By Lisa Kerner

Charlotte, N.C., Oct. 27 - SCSF Equities, LLC increased its ownership interest in Pier 1 Imports, Inc. to 6.2%, from 4.3% on Sept. 9, with the purchase of 1,016,609 shares between Aug. 29 and Oct. 16.

The shares were priced from $1.47 to $5.00 each, according to a schedule 13D filed with the Securities and Exchange Commission.

SCSF and its affiliates beneficially own approximately 5.54 million shares of the Fort Worth, Texas, specialty retailer.


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