Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) ("Diamond Hill" or the "Company"), an investment management firm known for its valuation-driven principles, long-term perspective, capacity discipline and client alignment, today announced that the Company has obtained all requisite shareholder approvals in connection with the proposed acquisition by First Eagle Investment Management, LLC ("First Eagle"). The Company will disclose the final, certified voting results on a Form 8-K with the U.S. Securities and Exchange Commission.
As previously announced, the proposed transaction is expected to close in the second quarter of 2026, subject to the satisfaction of remaining conditions to the closing of the Merger under the Merger Agreement, including the receipt of the requisite client consents based on revenue run-rate. Upon completion of the transaction, the Company will become a wholly-owned subsidiary of First Eagle and its common shares will no longer be traded on the Nasdaq.