M&A
confidence high
sentiment positive
materiality 0.85
Blue Owl Capital Corp obtains shareholder approval for merger with Blue Owl Capital Corp III; close expected Jan 13
Blue Owl Capital Corp
- Over 97% of OBDC votes and nearly 100% of OBDE votes cast approved the merger.
- Merger expected to close on or around January 13, 2025, subject to customary conditions.
- OBDE to pay special dividend of $0.52/share on Jan 9 and quarterly dividend of $0.35/share on Jan 10.
- Combined company to be more diversified BDC with enhanced scale and strong credit quality.