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.
Alternative versions of Superman establish a new continuity for DC, affecting not only Superman, but all of the DC Comics characters. The versions of Superman from this time period are traditionally divided into three main periods. The first version of Superman began being published by DC Comics in 1938 appearing in "Action Comics" #1. To explain discrepancies in the aging of Superman across several decades, his earliest stories were retroactively portrayed as having taken place on an alternative world called Earth-Two. These stories take place from 1938 until the late 1950s, although the exact dividing line is unclear and some stories happened identically to