PG&E Reaches Deal with California Governor to Emerge from Bankruptcy

Greentech Media
By info@greentechmedia.comMar 23, 2020, 12:15 pm218 pts
Pacific Gas & Electric reached a deal with California Gov. Gavin Newsom that could allow it to emerge from bankruptcy by a critical June 30 deadline, in exchange for concessions including a revamped board, foregoing shareholder dividends for three years, and accountability measures that could lead to a state…

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