PG&E Corp

PG&E Corp is exploring filing some or all of its business for bankruptcy protection. Shares of PG&E, dropped 30 percent in after hours trading in New York on Friday on the news

The company said on Friday that it was reviewing its “structural options” and assessing its operations, finances, management, structure and governance. It also said it is searching for new directors at its holding company and its utility subsidiary Pacific Gas and Electric Co.

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