Old National to buy Indiana Community Bancorp

``Shares of Columbus-based Indiana Community Bancorp leaped more than 40 percent Wednesday on word that the bank is to be sold to Old National Bancorp, the largest bank based in the state. A joint announcement from the two century-old Hoosier financial institutions said the deal is valued at more than $79 million, based on the average share price over the past month of about $12. However, news of the merger sent shares of the parent of Indiana Bank and Trust Co. above $20 at the start of trading Wednesday compared with the $14 close Tuesday, so the total value of the deal could change.''