Targa Resources Partners to Buy Atlas Pipeline for $4B

Targa Resources is set to acquire Atlas Energy for $1.9 billion in cash and stock. Atlas Energy has spun off its non-midstream assets, making the acquisitions contingent on each other. This represents a significant M&A move in the energy sector.

What is the total value of the acquisition deal between Targa Resources and Atlas Energy?

• $3.0 billion

• $1.9 billion

• $2.5 billion

• $1.5 billion

What type of assets did Atlas Energy spin off?

• Non-midstream assets

• Real estate assets

• Midstream assets

• Renewable energy assets

Why are the acquisitions of Targa Resources and Atlas Energy interdependent?

• They are part of a government mandate.

• They are in the same geographical location.

• They are contingent on each other.

• They are funded by the same investors.

What sector is involved in the merger and acquisition play discussed?

• Technology sector

• Healthcare sector

• Energy sector

• Financial sector

What is the primary focus of the M&A strategy mentioned in the transcript?

• Reducing operational costs

• Diversifying product lines

• Consolidating energy resources

• Expanding into new markets