Capstar Financial Holdings Inc (CSTR) has provided an announcement.
On April 1, 2024, CapStar Financial Holdings, Inc. merged with Old National, marking a significant transformation in the financial sector. This strategic move resulted in Old National assuming all obligations of CapStar, including those under the Subordinated Notes and the Indenture. Shareholders of CapStar saw their shares converted to Old National stock plus cash for fractional shares. This merger led to the delisting of CapStar from the Nasdaq Global Select Market, as Old National took over as the surviving entity, setting the stage for a new chapter in banking operations.
For a thorough assessment of CSTR stock, go to TipRanks’ Stock Analysis page.
