Blue Owl Technology Finance Corp. and Blue Owl Technology Finance Corp. II Announce Merger Agreement
Blue Owl Capital Inc. Class A (OWL)
Company Research
Source: PR Newswire
Merger of two high-quality, diversified software-focused portfolios with substantial investment overlap significantly enhances scale Expected to create one of the largest BDCs and the largest dedicated software-focused BDC by total assets1NEW YORK, Nov. 13, 2024 /PRNewswire/ -- Blue Owl Technology Finance Corp. ("OTF") and Blue Owl Technology Finance Corp. II ("OTF II") today announced that they have entered into a definitive merger agreement, with OTF as the surviving company, subject to certain shareholder approvals and other customary closing conditions. Following the recommendation of each of their special committees, the boards of directors of both OTF and OTF II have unanimously approved the transaction.Craig W. Packer, Chief Executive Officer of OTF and OTF II said, "Through this transaction, Blue Owl will create what will be the largest BDC with a software lending focus and one of the largest BDCs in the market overall. Our innovative investment strategy in this vertical has b
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OWL
Earnings
- 10/31/24 - In-Line
OWL
Sec Filings
- 11/14/24 - Form SC
- 11/13/24 - Form SC
- 11/13/24 - Form SC
- OWL's page on the SEC website