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California could take over PG&E in wake of bankruptcy crisis: Newsom

California Governor Gavin Newsom hinted the state could take over PG&E if the utility company is unable to secure its own fate in the wake of its bankruptcy crisis. Citigroup's Utilities and Renewables Lead Analyst Praful Mehta joins Yahoo Finance’s Akiko Fujita to break down the latest developments of PG&E on The Ticker.