Well, it looks like a few of Counter Culture's readers are breathing a sigh of relief.Pier 1 Imports hasdecided not to pursue its $81-million offer to acquire Cost PlusWorld Market just a couple weeks after the latter's managementcalled the deal "distractingand ill-timed."But in Pier 1's press releaseannouncing the termination of its offer, management still contendsthat: "the combination of Pier 1 Imports and Cost Plus would createsignificant value for the stakeholders of both companies."Are yousurprised the deal didn't go through?
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