Intermark of La Jolla, which hopes to...

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.