Delta Air Lines celebrated a new milestone in its journey out of bankruptcy Thursday as its stock was reissued on the New York Stock Exchange.
At the Delta Heritage Museum, a breakfast party kicked off the company’s big day as Delta executives handed out bells to its cheering and dancing employees to mark May 3, 2007 as Delta’s independence day.
Delta, based in Atlanta, went public with 400 million shares of stock. Creditors would receive 90 percent of it, employees about six percent, and the rest to the public. Delta was to start the trading day Thursday with the second-highest market value in the airline industry.
(11Alive.com – Delta Employees Celebrate New Era)
Tags: Business
The folks at Catallarchy The Distributed Republic are doing their annual Day of Remembrance for the victims of Communism and Socialism.
Tags: History