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UPDATE: Judge Admits Takeover Plan as PG&E Starts Blackouts

Massive Fire Safety Shutdown Dwarfs Earlier Events

Oct 9, 2019

CAISO/WEIM / California / Transmission Operations

By Hudson Sangree SACRAMENTO, Calif. — The federal judge overseeing PG&E's mammoth bankruptcy opened the door to a competing takeover plan Wednesday, potentially allowing a group of bondholders to seize control of California's largest utility from its current investor owners. The move to end PG&E’s exclusivity period — the time...

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