Wire
Diamond Hill Investment Announces First Eagle Merger Close
Diamond Hill Investment Group (DHIL) said in a late Friday filing that following shareholder meetings to approve new investment management agreements with Diamond Hill Capital Management, it has received the consent of over 78% of its clients to complete the merger.As disclosed on Dec. 10, DHIL entered into a merger agreement with First Eagle Investment Management and Soar Christopher Holdings, where Soar Christopher will merge with and into DHIL. DHIL will function as a wholly owned subsidiary of First Eagle Investment, according to the filing.DHIL has satisfied all conditions for the merger, and the parties plan to close the merger on Wednesday, the filing said.Price: $175.00, Change: $+1.86, Percent Change: +1.07%
$DHIL
