Targa Resources Corp. Shares of Targa Resources Surge After Completing Acquisition of Targa Resource Partners It might also help that the entire energy sector is up 3.5% today, but let's focus on the positives here. Pursuant to the Merger, TRC acquired all the public outstanding common units that it did not already own. Announces Closing of Acquisition of Targa Resources Partners LP 15.1 KB HOUSTON, Feb. 17, 2016 (GLOBE NEWSWIRE) -- Targa Resources Corp. ("TRC" or the "Company") (NYSE:TRGP) announced today that it has completed the acquisition of all of the outstanding common units of Targa Resources Partners LP ("TRP" or the "Partnership") (together "Targa") not already owned … All of NGLS's debt and preferred units outstanding at acquisition close remained outstanding. The Investor Relations website contains information about Targa Resources Corp.'s business for stockholders, potential investors, and financial analysts. The Company gathers, treats, processes, storages, and transports natural gas, liquids, NGLs, crude oil, and other energy products. The Value of each TRP common unit exchanged was $10.695 per common unit. HOUSTON, Feb. 20, 2015 (GLOBE NEWSWIRE) -- Targa Resources Corp. (the "Company") (NYSE:TRGP) announced that the stockholders of the Company approved at a special meeting of stockholders held today the issuance of shares of common stock of the Company (the "share issuance") in connection with the Company's proposed merger with Atlas Energy, L.P. ("ATLS") (the "ATLS Merger"). If you held common units of TRP at any time in 2016, up to and including February 17, 2016, your schedule K-1 is available by clicking the "Targa Resources Partners LP" link shown above. Targa Resources Partners LP provides midstream energy services. Targa Resources has arranged committed financing of $1.1 billion to replace its existing revolving credit facility and to fund the cash components of the transaction, including cash merger consideration and $149 million related to change of control payments. On February 17, 2016, Targa Resources Corp. (NYSE:TRGP) acquired all of the outstanding common units of Targa Resources Partners LP (NYSE: NGLS) that it did not already own (the “Merger”).

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