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PG&E secures $13.5 billion settlement for wildfire victims

PG&E shares are surging after it announced a $13.5 billion settlement with victims of the wildfires sparked by its own power lines. The move will be the first step in resolving the company's bankruptcy and complicates matters with bondholders that had hoped to take over the company. Yahoo Finance’s Dan Roberts, Julia La Roche and Brian Cheung break it down YFi AM.