In a jolt to PG&E Corp., a group representing wildfire victims Thursday teamed with up a consortium of Wall Street hedge funds trying to execute a hostile takeover of the utility. In a filing in U.S. Bankruptcy Court, the wildfire victims’ group aligned themselves with the hedge funds that hold billions of dollars in PG&E bonds. The hedge funds said they would inject $28 billion into the troubled company in return for control of 59 percent of PG&E’s stock.

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