Nov 10th, 2021
How Blue Owl’s Three-Way SPAC Merger Almost Derailed
Blue Owl Capital Inc. was formed in an unusual and controversial merger-by-SPAC. Two of the firms in which it had invested challenged the deal in court, threatening to derail the three-way combination. In this interview excerpt, co-founders Michael Rees and Marc Lipschultz discuss the disagreement and the resolution that allowed the merger to go forward. They spoke exclusively with Erik Schatzker on Bloomberg’s “Front Row.”
