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Thursday, January 24, 2019

Hedge fund prepares proxy fight to oust board at embattled PG&E

PG&E Corp  shareholder Blue Mountain Capital Management LLC is preparing to launch a proxy fight to oust the embattled California utility owner's board, arguing that the company is harming investors with its plan to seek bankruptcy protection in the wake of catastrophic wildfires.


from Reuters: Business News https://reut.rs/2FKoISl

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