Check Out Line: Pier 1 offers to buy Cost Plus

[calm_girl]

Check Out Line: Pier 1 offers to buy Cost Plus
      

Check Out Pier 1’s sudden offer to buy Cost Plus for $88.4 million in stock, just as the home decor retailer is trying to cut its own losses from previous quarters by shutting stores, cutting jobs and  spending less on marketing.
Pier 1  said it would issue 0.6 shares of its common stock for each Cost Plus [...]
         

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