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To: Johnny Canuck who wrote (48693)11/2/2012 4:20:32 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 69866
 
1:35AM
Vantiv acquires privately held Lilte for $361 mln ( VNTV ) by Rex Crum
SAN FRANCISCO (MarketWatch) -- Payments processing company Vantiv Inc. (vntv) said Wednesday it acquired privately held Litle & Co. for $361 million. Litle develops e-commerce payment processing solutions that are used by companies selling merchandise online and via direct-response marketing. Vantiv said it would integrate Litle's technologies into its point-of-sale and e-commerce processing offerings. Vantiv said it would provide more details on the deal when it delivers its third-quarter earnings report Thursday morning.