S&P Places Atlas Pipeline Partners (APL) on CreditWatch Negative

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Targa Resources (NGLS) (TRGP) to Acquire Atlas Pipeline (APL), Atlas Energy (ATLS)

October 13, 2014 7:43 AM EDT

Targa Resources Partners (NYSE: NGLS) and Targa Resources Corp. (NYSE: TRGP) announced they have entered into agreements to acquire Atlas Pipeline Partners, L.P. (NYSE: APL) and Atlas Energy, L.P. (NYSE: ATLS). Targa Resources will acquire ATLS following the spin-off announced today by ATLS of its non-midstream assets. The acquisitions are contingent on one another, and the transactions will close concurrently.

Atlas Pipeline Partners, L.P. Acquisition

Targa Resources Partners will... More