The owners of Pegasus were ecstatic that their $4 million investment won the biggest horse race in the world, but soon after they received an offer they just couldnât refuse. The Coolmore Group offered $70 million for Pegasus who ran just a few more races after the investment.
Latex Enamel Paint. The first latex house paint -- a water-based paint -- was introduced by the Sherwin-Williams paint company in 1941. Most paint professionals still preferred the durability of oil-based or alkyd paints.
Latex paints or acrylic paints are fast-drying water-based paints. Oil based paint is a slow drying paint made with oil. Latex paints are generally better for the interior of homes and on large surfaces.Oil-based paints are generally used on metals, wood and for paintings.The difference between oil-based and latex paint lies in their composition, properties, and ease of use.dit Difference in Composition of oil-based and latex paints. Latex paints are water-based and contain a mix of water and acrylic polymer which makes this paint more flexible and likely to be used in areas exposed to heat and cold. Because it contains only water, it is less likely to feed mildew.