Warren Buffet Saves PG & E From Bankruptcy? Is PG & E Going Bankrupt?🔥

California Governor Gavin Newsom wants Warren Buffett’s Berkshire Hathaway to make a takeover bid for bankrupt utility giant PG&E Corp. If Berkshire is interested in buying the San Francisco-based power and natural gas company, now is the time to make an offer, Newsom said Saturday.

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The company’s equipment has already been tied to a series of deadly blazes that devastated California in 2017 and 2018, saddling it with an estimated $30 billion in liabilities and forcing it into bankruptcy.

Newsom didn’t say whether he has discussed a bid with Berkshire. “We’re having a lot of conversations with a lot of people,” he said. “My hope is that those that are interested really step up those efforts because we are running out of time.”

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