NEW YORK, Feb. 2, 2012 /PRNewswire/ -- Bull &
Lifshitz, LLP announces an investigation into possible breaches of
fiduciary duty in connection with the proposed sale of Indiana
Community Bancorp (NASDAQ: INCB) (referred to as "INCB" or the
"Company") to Old National Bancorp.
(Logo: http://photos.prnewswire.com/prnh/20120119/MM38805LOGO
)
Under the terms of the merger agreement, INCB shareholders will
receive 1.90 shares of Old National common stock for each share of
INCB common stock held by them. The transaction values Old
National Bancorp common stock at approximately $12.00 per share.
Bull & Lifshitz, LLP's investigation is focused on whether
the proposed deal provides adequate value to the Company's
shareholders.
If you are a holder of INCB common stock and want to discuss
your legal rights, you may e-mail or call Bull & Lifshitz, LLP
who will, without obligation or cost to you, attempt to answer your
questions.
If you are a shareholder of INCB and would like more information
about our investigation, please contact Peter D. Bull, Esq. by
telephone at (866) 313-6222 or by sending an e-mail including your
contact information to: counsel@nyclasslaw.com. All e-mail
correspondence should make reference to INCB.
Bull & Lifshitz, LLP is a New York
City-based law firm with significant experience representing
investors in merger-related shareholder class actions, shareholder
derivative actions, and securities fraud class actions. For
more information about the firm, please visit our website at
www.nyclasslaw.com.
ATTORNEY ADVERTISING. © 2012 Bull & Lifshitz,
LLP. The law firm responsible for this advertisement is Bull
& Lifshitz, LLP, 18 East 41st Street, New York, New York 10017, (212)
213-6222. Prior results do not guarantee or predict a similar
outcome with respect to any future matter.
Contact:
Peter D. Bull, Esq.
Bull & Lifshitz, LLP
Phone: 212-213-6222
Fax: 212-213-9405
Email: counsel@nyclasslaw.com
SOURCE Bull & Lifshitz, LLP