Business Wire | Jun 1, 2021 06:52PM EDT

FIRST MIDWEST BANCORP INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of First Midwest Bancorp, Inc. - FMBI

Jun. 01, 2021

NEW ORLEANS--(BUSINESS WIRE)--Jun. 01, 2021--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of First Midwest Bancorp, Inc. ("First Midwest") (NasdaqGS: FMBI) to Old National Bancorp ("Old National") (NasdaqGS: ONB). Under the terms of the proposed transaction, shareholders of First Midwest will receive only 1.1336 shares of Old National for each share of First Midwest that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-fmbi/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

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CONTACT: Lewis S. Kahn lewis.kahn@ksfcounsel.com 855-768-1857