Old National supplements merger proxy with financial data to address shareholder lawsuit

OLD NATIONAL BANCORP /IN/

CapStar Street Forecasts: 2024 net income $28M, EPS $1.36, risk-weighted assets $3.0B.
Old National Street Forecasts: 2024 net income $552M, EPS $1.84, risk-weighted assets $39.9B.
One lawsuit filed in Tennessee Chancery Court seeking to enjoin the merger; demand letters also received.
Morgan Stanley used Price/TBV multiples of 1.0x for CapStar and 1.3x for Old National in comparables analysis.

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