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PG&E Shareholders Outline Possible $15B Rights Issue

By Ryan Boysen ( August 8, 2019, 6:27 PM EDT) -- Two hedge funds have agreed to buy up to $15 billion worth of newly issued Pacific Gas and Electric Co. stock to support an as-yet unwritten Chapter 11 plan for the bankrupt utility, according to documents filed Thursday with the U. S. Securities and Exchange Commission. . . .

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