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Stock Market & Financial Investment News

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May 13, 2014
08:03 EDTVNTVVantiv acquisition positive, says RBC Capital
After Vantiv announced that it was buying Mercury Payments, RBC Capital thinks the deal will accelerate Mercury's revenue and EPS growth, and be about 8% accretive to FY15 estimates. The firm believes that the deal also solidifies Vantiv's leadership position in the domestic payments market. It keeps a $35 price target and Outperform rating on the stock.
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