PG&E Blue Mountain

PG&E Holds Blue Mountain Back In 2018

On January 17th, 2019, Blue Mountain Capital Management sent a letter to the board of directors of PG&E Corporation, warning that the firm would not hesitate to start legal action against the company and its directors if the utility provider filed for bankruptcy. "We simply cannot recall a situation where such a valuable company filed for bankruptcy with such blatant questions about this necessity of doing so," Blue Mountain's letter opens by saying.

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