David's Bridal sale will save 7,000 jobs, nearly 200 stores, company says

David’s Bridal finalized its sale to CION Investment Corporation on Monday in a deal that keeps up to 195 stores open and spares 7,000 jobs, the companies said. The Conshohocken-based wedding wear chain, which declared bankruptcy for the second time in April, previously had announced layoffs that affected more than 9,000 workers.

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