04:41 AM EDT, 03/16/2026 (MT Newswires) -- Blue Owl Capital (OWL) said Friday its board is urging shareholders to reject an unsolicited minority tender offer from Cox Capital Partners and Saba Capital Management to buy up to 8 million common shares for $30 million.

The company said the offer price represents a roughly 33% discount to its net asset value and argued that the price is well below the potential long-term value of its shares.