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Stock Market & Financial Investment News

News Breaks
February 19, 2013
09:08 EDTTRGPTarga Resources price target raised to $73 from $55 at RBC Capital
RBC Capital increased its target on Targa as the firm now expects the company's 2013 dividend increase to exceed its guidance, and it expects Targa to generate 28% growth in 2014. The firm maintains an Outperform rating on the stock.
News For TRGP From The Last 14 Days
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February 1, 2016
18:21 EDTTRGPTarga 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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