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 paint is a misnomer because there is actually NO latex in latex paint. Latex is a natural product that originally came from the Brazilian rubber tree (Hevea Brasiliensis) and is now mostly produced in SE Asia.