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Horiba, Ltd./ADR

1 letter discussing HRBAY. Everything written about it on this site is on its ticker page.

Third Avenue Management Value Fund Third Avenue Value Fund argues that easyJet’s aircraft, slots and net cash support its takeover appeal, while Paltac’s warehouse network underpins Medipal’s tender offer. The fund added thyssenkrupp, citing discounted asset value and a multiyear separation plan, and retains offshore-energy exposure on energy-security and inventory-rebuilding demand. three months ended June 30, 2026 6951 $2.2BESYJY $5.1BHRBAY