April 9 (Reuters) - Blue Owl Capital Inc ( OWL ):
* BLUE OWL CAPITAL EXPANDS INTO REAL ESTATE FINANCE WITH
ACQUISITION OF PRIMA CAPITAL ADVISORS
* BLUE OWL CAPITAL INC ( OWL )- PROPOSED DEAL FOR AGGREGATE
CONSIDERATION
OF $170 MILLION
* BLUE OWL CAPITAL INC ( OWL ) - ACQUISITION OF PRIMA WILL BE FUNDED
THROUGH A COMBINATION OF APPROXIMATELY $157 MILLION OF EQUITY
AND APPROXIMATELY $13 MILLION IN CASH
* BLUE OWL CAPITAL INC ( OWL ) - THERE IS POTENTIAL FOR UP TO $35
MILLION
OF EARNOUT CONSIDERATION IN FORM OF EQUITY
* BLUE OWL CAPITAL INC ( OWL ) - UPON CLOSING OF ACQUISITION, PRIMA
EMPLOYEES ARE EXPECTED TO JOIN BLUE OWL
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