Web Reference: In addition to the basic assignment operator, there are "combined operators" for all of the binary arithmetic, array union and string operators that allow you to use a value in an expression and then set its value to the result of that expression. Use arithmetic assignment operators to perform arithmetic operations and assign them at the same time. Use concatenation assignment operator (.=) to concatenate strings and assign the result to a variable in a single statement. You can use assignment operators in PHP to assign values to variables. Assignment operators are shorthand notations to perform arithmetic or other operations while assigning a value to a variable.
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