CapStar Financial Holdings, Inc. in its acquisition by Old National Bancorp

On October 26, 2023, CapStar Financial Holdings, Inc. (NASDAQ: CSTR) and Old National Bancorp (NASDAQ: ONB) jointly announced that they have entered into a definitive merger agreement pursuant to which Old National will acquire CapStar in an all-stock transaction. Under the terms of the merger agreement, each outstanding share of CapStar common stock will be converted into the right to receive 1.155 shares of Old National common stock, valuing the transaction at approximately $344.4 million.

Wachtell Lipton is serving as legal advisor to CapStar.