Dutch auction 1994 auction IPO of Japan Tobacco was substantially larger (with proceeds more than double those of Singapore Telecom and triple those of Google), but this auction was discriminatory or pay-what-you-bid, not uniform price or "Dutch". SRECTrade.com uses a two-sided Dutch auction to trade Solar Renewable Energy Credits (SRECs). The introduction of the Dutch auction share repurchase in 1981 gives firms an alternative to the fixed price tender offer when executing a tender offer share repurchase. The first firm to use the Dutch auction was Todd Shipyards. A Dutch auction offer specifies a price range within which the shares are purchased.
Courage C60 Courage C60 The Courage C60 was a Le Mans Prototype (LMP) racing car built by Courage Compétition in 2000, and used in international sports car races until 2006. A replacement for the Courage C52, it was Courage's first all-new prototype since the Courage C41 was built in 1994. It was initially fitted with a 4-litre naturally-aspirated Judd GV4 V10 engine in 2000, and run by SMG Compétition. In 2001, Pescarolo Sport began using a 3.2-litre twin-turbocharged Sodemo-Peugeot A32 V6 engined version of the car, and the Peugeot-engined versions would prove to be the most successful. In 2004, Pescarolo redeveloped the