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Brief Summary

Tilli Antonelli, who founded the Pershing brand of yachts in 1985 and sold it to the Ferretti Group in 1998 and stayed on as president until last March, last week announced the launch of Wider Yachts in Milano. Firing a shot across the bow of the boating industry, Antonelli said last week, "The boating market nowadays is quite conventional and tends not to have new ideas. Sometimes it is quite difficult to recognize one brand of boat from another, especially in the open day cruiser category."