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Targa Resources Partners to Buy Atlas Pipeline for $4B

Targa Resources Partners to Buy Atlas Pipeline for $4B

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of cash and stock in the acquisition deal?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the term 'M&A' refer to in the context of this acquisition?

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