Tuesday, October 1, 2019

PG&E Rescue Plan Backed by Baupost, Soros, Fidelity, Paulson

PG&E Rescue Plan Backed by Baupost, Soros, Fidelity, Paulson: About two dozen investors have agreed to backstop a $14 billion infusion that involves selling new shares to help the California utility pay off wildfire claims and exit bankruptcy.

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