What is the significance of cash and stock in the acquisition deal?
Targa Resources Partners to Buy Atlas Pipeline for $4B
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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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What does the term 'M&A' refer to in the context of this acquisition?
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