The recent spate of midstream deals continues with several announced in the past month. Targa Resources Partners LP (NYSE:NGLS) and Targa Resources Corp. (NYSE:TRGP) have agreed to acquire Atlas Pipeline Partners LP (NYSE:APL) and Atlas Energy LP (NYSE:ATLS) for $7.7 billion. Targa Resources will acquire ATLS following the spin-off announced by ATLS of its non-midstream assets. The acquisitions are contingent on one another and will close concurrently.
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