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 Supergirl revealed that a Multiverse system of 52 parallel universes, with each Earth being a different take on established DC Comics characters as featured in the mainstream continuity (designated as "New Earth") had come into existence. The Multiverse acts as a storytelling device that allows writers to introduce alternative versions of fictional characters, hypothesize "what if?" scenarios, revisit popular Elseworlds stories and allow these characters to interact with the mainstream continuity. Between 1989 and 2004, DC's "Elseworlds" imprint was used to showcase unofficial alternative universe stories; before 1989, "imaginary stories" served the same purpose. Since 2004, stories outside the main DC