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Stock Market & Financial Investment News

News Breaks
February 14, 2013
07:13 EDTNGLS, TRGPTarga Resources reports Q4 EPS 27c, consensus 21c
Targa Resources (TRGP), the parent of Targa Resources Partners (NGLS), as of December 31, 2012 owned a 2% general partner interest held through its 100% ownership interest in the general partner of the Partnership, all of the IDRs and 12,945,659 common units of the Partnership.
News For TRGP;NGLS From The Last 14 Days
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February 1, 2016
18:21 EDTNGLS, TRGPTarga 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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