California wildfire victims could become PG&E's biggest shareholders after a settlement — and assume the financial risk of future fires

Business Insider

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· *Utility company PG&E — deemed responsible for hundreds of lethal wildfires in California — is looking to pay billions worth of settlement fees with its own stock, The Wall Street Journal reported Thursday.*
· *The move would place financial risk of future fires on past victims, attorneys told The Journal, as disasters...

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