Why Diamond Hill Stock Soared Today
2025-12-11 18:17:18 ET
Shares of Diamond Hill Investment Group (NASDAQ: DHIL) leaped 44% on Thursday after the asset manager struck a deal to be acquired by First Eagle Investments for $473 million.
Image source: Getty Images.
Under the terms of the deal, First Eagle will purchase all of Diamond Hill's outstanding stock for $175 per share in cash. That's a premium of more than 49% compared to Diamond Hill's closing stock price on Dec. 10.
NASDAQ: DHIL
DHIL Trading
-0.22% G/L:
$172.60 Last:
5,569 Volume:
$172.61 Open:



