{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-25-015986","form_type":"8-K","ticker":null,"cik":"0000909108","company_name":"DIAMOND HILL INVESTMENT GROUP INC","filed_at":"2025-12-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.563132+00:00","generated_at":"2026-05-16T13:36:37.073870+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Diamond Hill to be acquired by First Eagle for $175 per share in cash","bullets":["Merger consideration of $175.00 per share in cash; total equity not disclosed but based on ~9M shares outstanding.","Closing conditions include majority shareholder vote, HSR clearance, and client consents for 78% of revenue run-rate.","Go-shop period through January 14, 2026; termination fee of $18M ($9M if during cut-off through Jan 19).","Board unanimously approved; CEO Heather Brilliant and President Jo Ann Quinif receive additional one-year salary severance."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-25-015986","json":"https://secwatch.observer/filing/0000950103-25-015986.json","markdown":"https://secwatch.observer/filing/0000950103-25-015986.md","text":"https://secwatch.observer/filing/0000950103-25-015986.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/909108/000095010325015986/0000950103-25-015986-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/909108/000095010325015986/dp238605_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T13:36:37.073870+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"afc85a0b67ad2e5156a4d6aab6c15844048527a5","claim":"DIAMOND HILL INVESTMENT GROUP INC entered into Merger Agreement with First Eagle Investment Management, LLC (effective 2025-12-10).","evidence_excerpt":"On December 10, 2025, Diamond Hill Investment Group, Inc., an Ohio corporation (the “ Company ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with First Eagle Investment Management, LLC, a Delaware limited liability company (“ Purchaser ”), and Soar Christopher Holdings, Inc., an Ohio corporation and a wholly owned subsidiary of Purchaser (“ Merger Sub ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/909108/000095010325015986/0000950103-25-015986-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"First Eagle Investment Management, LLC"},{"label":"Effective","value":"2025-12-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}