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Stock impact report

Diamond Hill to Be Acquired by First Eagle Investments

Diamond Hill Investment Group, Inc. - Class A (DHIL) 
US:NASDAQ Investor Relations: ir.diamond-hill.com
Company Research Source: Business Wire
Diamond Hill to Continue Serving Clients with the Same Investment Team and Philosophy, Enhanced by First Eagle’s Global ResourcesFirst Eagle’s Clients Will Benefit from Access to an Expanded Footprint in Traditional Fixed Income and Complementary Capabilities in EquitiesAll-Cash Transaction Delivers Significant Premium to Diamond Hill Shareholders COLUMBUS, Ohio & NEW YORK--(BUSINESS WIRE)--Diamond Hill Investment Group, Inc. (Nasdaq: DHIL) (“Diamond Hill” or “Company”), a boutique investment management firm with a long-term, valuation-disciplined approach across multiple asset classes, and First Eagle Investments (“First Eagle”), an independent, privately owned, fundamentally driven investment management firm, today announced that they have entered into a definitive agreement under which First Eagle will acquire all outstanding shares of Diamond Hill for $175 per share in an all-cash transaction valuing the Company at approximately $473 million. The purchase price represents a 49% Show less Read more
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