Thursday, July 18, 2019

PG&E bondholders seek control of bankrupt CA utility | The Sacramento Bee

PG&E bondholders seek control of bankrupt CA utility | The Sacramento Bee: PG&E Corp.’s bondholders are offering billions to take over the bankrupt utility as part of a plan to pay claims from the Camp Fire and other California wildfires. Utility has $30 billion in liabilities.

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