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ATAC - ATAC STOCK NEWS

Welcome to our dedicated page for ATAC news (Ticker: ATAC), a resource for investors and traders seeking the latest updates and insights on ATAC stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ATAC's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ATAC's position in the market.

Rhea-AI Summary

Owl Rock Capital Group and Dyal Capital Partners have successfully completed their business combination, resulting in the formation of Blue Owl Capital Inc. (NYSE: OWL). Approved on May 18, 2021, this merger provides public investors access to direct lending and GP capital solutions. As of March 31, 2021, combined assets under management stand at $52.5 billion, with 91% in permanent capital. Led by a seasoned management team, Blue Owl aims to enhance earnings visibility and establish a robust position in the alternative asset management space.

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Rhea-AI Summary

Dyal Capital Partners has secured investor consents for its strategic merger with Owl Rock Capital Group and Altimar Acquisition Corporation (NYSE: ATAC). The SEC has declared effective the S-4 registration, with a special stockholder meeting set for May 18, 2021, to finalize approval. This merger forms Blue Owl Capital, an alternative asset manager with $50.9 billion in AUM, primarily focused on Direct Lending and GP Capital Solutions. The transaction is expected to close on May 19, 2021, subject to customary conditions, with Blue Owl to be listed on the NYSE under the symbol 'OWL.'

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Altimar Acquisition Corporation (NYSE: ATAC) announced that the SEC has declared effective its Registration Statement related to the proposed Business Combination with Owl Rock Capital Group and Dyal Capital Partners to form Blue Owl Capital Inc. A record date of April 23, 2021, and a Special Meeting date of May 18, 2021, have been set for shareholder approval. With all necessary approvals from Owl Rock and Dyal stakeholders secured, the transaction is expected to close after the Special Meeting. For shareholders, the meeting will be virtual due to Covid-19 restrictions.

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