Published on 13 Oct 2022 on ETF Trends via Yahoo Finance
Targa Resources Becomes 4th Midstream C-Corp in S&P 500
This article was originally published on ETFTrends.com.
Targa Resources Corp (TRGP) joined the S&P 500 prior to the opening of trading on Wednesday.
The Houston, TX-headquartered midstream energy infrastructure corporation moved up from the S&P MidCap 400 to replace Nielsen Holdings plc (NLSN). Nielsen was acquired by a group of private-equity investors led by Elliot Management Corp and Brookfield Asset Management in a deal that closed on October 11.