PG&E evaluating proposal from hedge funds Knighthead Capital, Abrams Capital

August 10, 2019 admin Business News Comments Off on PG&E evaluating proposal from hedge funds Knighthead Capital, Abrams Capital

Power producer PG&E Corp said on Friday it is evaluating a proposal from hedge funds Knighthead Capital Management and Abrams Capital Management to provide equity capital commitments supporting a plan to reorganize the company.

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Source:: Reuters – Business News