David’s Bridal Plans to Spin Off Pearl in $350 Million SPAC Deal

T2Covered by 1 source · first reported by PYMNTS at 22 Oct, 18:25 UTC

David’s Bridal plans to separate its Pearl division, with Pearl becoming an independent public company offering a digital wedding planning, media and commerce platform, the company said in a Thursday (Oct. 22) press release. To enable this change, David’s Bridal and special purpose acquisition…