Nov. 20 at 2:57 PM
$OBDC merger scrapped — what does it mean for investors? 🤔
The planned merger with OBDC II was called off due to tough market conditions, leaving shareholders uneasy. Despite a
$200M buyback plan, the stock's Zacks Rank #5 (Strong Sell) signals caution. ⚠️ OBDC's shares are down 20.8% year to date, reflecting a broader selloff in private credit stocks.
Find out what this means for OBDC’s future and valuation here 👉 https://www.zacks.com/stock/news/2793549/blue-owl-backs-off-market-conditions-send-the-merger-flying-south?cid=sm-stocktwits-2-2793549-body-21836&ADID=SYND_STOCKTWITS_TWEET_2_2793549_BODY_21836