09:51 AM EST, 11/19/2025 (MT Newswires) -- Blue Owl Capital Corp. ( OBDC ) and Blue Owl Capital Corp. ( OBDC ) II said Wednesday that their planned merger has been terminated, with plans to reevaluate alternatives.

The move reflects the boards' "commitment to acting in the best interests of shareholders and is based on management's recommendation due to current market conditions," the two specialty finance companies said.

Blue Owl Capital Corp. ( OBDC ) II plans to reinstate its tender program in Q1 2026, subject to board approval, the companies said.

In addition, Blue Owl Capital Corp.'s ( OBDC ) $200 million share buyback plan that was announced concurrently with the merger will remain in place, the companies said.

Price: 11.80, Change: +0.04, Percent Change: +0.34