UPDATE 2-PG&E shares and bonds plunge on bankruptcy worries
06 Jan UPDATE 2-PG&E shares and bonds plunge on bankruptcy worries
Posted at 17:49h
in
News
by KMFSLLP
PG&E Corp’s shares dived more than
22 percent on Monday after sources said the California utility
is exploring filing for bankruptcy protection as it fears a
massive charge in the fourth quarter related to potential
liabilities from wildfires.
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