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Stock Market & Financial Investment News

News Breaks
June 20, 2014
09:00 EDTNGLSTarga Resources Partners falls 8.6%
Targa Resources Partners is down 8.6%, or $7.05, to $74.50
News For NGLS From The Last 14 Days
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February 1, 2016
18:21 EDTNGLSTarga Resources' acquisition of Targa Resources Partners receives recommendation
Targa Resources (TRGP) announced that three proxy voting advisory firms, Institutional Shareholder Services, Glass, Lewis & Co. and Egan-Jones Proxy Services, have recommended that their clients vote in favor of the proposals related to TRC acquiring all of the outstanding common units of Targa Resources Partners (NGLS) that it does not already own. The Board of Directors of TRC, the Conflicts Committee of the Board of Directors of the general partner of TRP and the Board of Directors of the General Partner of TRP unanimously approved the merger agreement. Special meetings for TRC stockholders and TRP common unitholders will be held on February 12. Subject to the voting approvals, and certain other customary closing conditions, the merger is expected to close on February 17.

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