Vantiv Com (VNTV)

[Jimthetruthseeker]

Vantiv seeks capital in secondary IPO.


Vantiv, announced that funds managed by Advent International Corporation have agreed to sell 15M shares of Vantiv's Class A common stock in an underwritten secondary public offering pursuant to Vantiv's shelf registration statement previously filed with the Securities and Exchange Commission. Upon completion of the Offering, the Selling Stockholders will continue to own 18,781,147 shares of Vantiv's Class A common stock. The Selling Stockholders will receive all of the proceeds from the offering. Citigroup is the underwriter of the offering.