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PG&E Corp. has come to terms with federal and state first responders, who have agreed they won’t take money set aside for victims of the wildfires that drove California’s largest utility into bankruptcy.

Announced at a hearing Tuesday in U.S. Bankruptcy Court in San Francisco, the utility’s agreements with the U.S. Federal Emergency Management Agency and state agencies clear up a major trouble spot for PG&E, which is racing to meet a June 30 deadline to emerge from bankruptcy….

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