PG&E Reportedly Planning Bankruptcy Announcement to Workers As Soon As Monday

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18 years after becoming one of America’s largest bankruptcies, the writing is on the wall for California’s utility giant after its cash-collateral-call triggering second downgrade to junk has led to reports that PG&E may notify employees as soon as Monday that it’s preparing a potential bankruptcy filing, according to people familiar with the situation.

Learn More:
https://www.zerohedge.com/news/2019-01-12/pge-reportedly-planning-bankruptcy-announcement-workers-monday

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