David's Bridal avoids shutdown with no-cash bankruptcy sale

Bankrupt wedding gown retailer David's Bridal received court approval on Friday to sell its business to asset manager Cion Investment Corp in a no-cash transaction, reaching a deal to keep 195 stores open and avoid a total shutdown.

Related Keywords

New Jersey , United States , Trenton , Surbhi Gupta , Christine Gravelle , Dietrich Knauth , Cion Investment Corp , Judge Christine Gravelle , News , Traffic , Leather , Sports , Lassifieds , Cars , Jobs , Homes , Television , Adio , Salt Lake , Utah , Ocal ,