Fifth Third Bancorp Plans to Cut Stake in Vantiv by 9%; Sees $55M in Q3 Gain

Vantiv (NYSE: VNTV ) recently conducted a secondary offering of 20 million shares of Class A Common Stock being sold on behalf of selling shareholders, including 5 million shares being sold by Fifth Third (Nasdaq: FITB ). The sale will result in an approximate 9 percent reduction in our ownership position