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Share Name | Share Symbol | Market | Type |
---|---|---|---|
PG&E Corporation | NYSE:PCG | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.04 | 0.23% | 17.57 | 17.85 | 17.425 | 17.74 | 12,844,878 | 01:00:00 |
--PG&E Corp. (PCG) is close to a deal that would see a sitting board member replaced with one proposed by BlueMountain Capital Management, Bloomberg reported Monday, citing "people familiar with the matter."
--Fred Buckman, the former head of Consumers Energy, would join the PG&E board under the deal, with a second independent director being appointed in the future, the report said.
--The company also would add the former chairman of the National Transportation Safety Board, Chris Hart, as a special adviser, the report said.
Full story: https://www.bloomberg.com/news/articles/2019-04-22/pg-e-is-said-to-near-deal-with-investor-to-bump-one-board-member
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
April 22, 2019 18:02 ET (22:02 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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