Hedge fund prepares proxy fight to oust embattled PG&E's board
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BlueMountain Capital Management, LLC Urges PG&E (PCG) Shareholders to Replace Board
January 24, 2019 7:08 AM ESTBlueMountain Capital Management, LLC ("BlueMountain"), a private diversified alternative asset management firm, today issued an open letter to Shareholders of PG&E Corporation (NYSE: PCG) saying it plans to announce a "New Slate" of Board Members by no later than February 21. The Board Election will be held at the Annual Shareholder Meeting, slated for May 21.
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