July 16 (Reuters) - Blue Owl Capital Inc ( OWL ):

* BLUE OWL CAPITAL SIGNIFICANTLY EXPANDS ALTERNATIVE CREDIT

AND

ASSET-BASED FINANCE CAPABILITIES WITH ACQUISITION OF ATALAYA

CAPITAL MANAGEMENT'S BUSINESS

* DEAL FOR $450 MILLION

* DEAL IS EXPECTED TO BE MODESTLY ACCRETIVE TO BLUE OWL IN

2025.

* BLUE OWL CAPITAL - ON CLOSING OF ACQUISITION, MOST OF

ATALAYA'S

EMPLOYEES ARE EXPECTED TO JOIN BLUE OWL

* CLOSING PURCHASE PRICE OF $450 MILLION IS COMPRISED OF

$350

MILLION OF BLUE OWL EQUITY AND $100 MILLION OF CASH

* IN ADDITION, THERE IS POTENTIAL FOR UP TO $350 MILLION OF

EARNOUT CONSIDERATION IN FORM OF EQUITY

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