Targa Resources (NGLS) (TRGP) to Acquire Atlas Pipeline (APL), Atlas Energy (ATLS)
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Targa Resources Partners LP and Targa Resources Corp. to Acquire Atlas Pipeline Partners, L.P. and Atlas Energy, L.P. and Host a Conference Call
October 13, 2014 7:40 AM EDTAtlas Pipeline Partners, L.P. to be acquired in unit exchange transaction Atlas Energy, L.P. to be acquired for stock and cash following spin-off of holdings not associated with Atlas Pipeline Partners, L.P. Approximately $7.7 billion in total transaction value Targa Resources Partners LP expects 11 13% distribution growth in 2015 Targa Resources Corp. expects approximately 35% dividend growth in 2015 Targa Resources Corp. expects $1.00 - $2.00 per share dividend accretion over the long term Closing anticipated in Q1 2015
HOUSTON, Oct. 13, 2014 (GLOBE NEWSWIRE) -- Targa Resources Partners LP (NYSE: NGLS)... More
