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Why Diamond Hill Stock Soared Today

Source: Motley Fool

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.

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Diamond Hill Investment Group Inc.

NASDAQ: DHIL

DHIL Trading

-0.22% G/L:

$172.60 Last:

5,569 Volume:

$172.61 Open:

mwn-ir Ad 300

DHIL Latest News

DHIL Stock Data

$462,800,938
2,580,852
1.74%
50
N/A
Asset Management Services
Finance
US
Columbus

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