PG&E Corporation (NYSE: PCG) Current price $42.16
The corporation announced Wednesday the pricing of the previously reported public offering of 7.2 million shares of its common stock at a price of $41.71 per share. The offering should close on March 4th, subject to the usual closing conditions. PG&E will contribute all of the net proceeds to its regulated subsidiary, Pacific Gas and Electric Company, which will use them for general corporate purposes.
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