Payments News

Vantiv Stockholders Approve Merger Transaction

Jan 08, 2018

CINCINNATI, Jan. 8, 2018 /PRNewswire/ -- Vantiv, Inc. (NYSE:  VNTV) announced today that Vantiv's stockholders at its special meeting have voted to approve all stockholder proposals necessary for Vantiv to acquire Worldpay Group plc (LSE: WPG) to create Worldpay, Inc.

"We are pleased that Vantiv stockholders have approved this transaction," said Charles Drucker, president and CEO of Vantiv and incoming executive chairman and co-CEO of Worldpay, Inc. "The strong support of our stockholders demonstrates their confidence in the compelling strategic and operational fit of Vantiv and Worldpay and our vision for the future. Together, Vantiv and Worldpay are creating a global payments company, uniquely equipped to compete across geographies and verticals."

Approximately 99.9 percent of votes cast at Vantiv's Special Meeting were in favor of the transaction. Vantiv will file the final results of the votes later today with the Securities and Exchange Commission on Form 8-K.

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