RTX Corporation (RTX)

[fung_derf]

Crescent is gone now as they went back private. It was the brainchild of Richard Rainwater. Below is a pic of the Crescent Hotel and offices in Dallas. It also owned some Country Clubs and various other land deals. One of my favorite IPO's ever as in Dallas/Ft Worth area, you could get as many shares of the IPO as you wanted, and this was back in the days when you had to beg to get IPO shares. The stock opened at $22 and if I recall correctly, was bought back private a couple years later at $43. That plus the 6% dividend per year made it a great money maker.
I knew Richard through the Texas Rangers as we both owned a piece of the team.
You should Google Richard. Quite the story. And I think you would have liked him.