PG&E Is Near Deal With Hedge Funds on CEO, Board Overhaul - Bloomberg

PG&E Is Near Deal With Hedge Funds on CEO, Board Overhaul - Bloomberg: PG&E Corp., the bankrupt California power giant facing $30 billion in wildfire liabilities, is nearing a deal with a group of investors that includes naming Bill Johnson as chief executive officer and overhauling its board, according to people familiar with the matter.