DELTA AIR LINES ISSUES 21 MILLION SHARES TO ELIGIBLE CLAIMHOLDERS - Delta Air Lines (NYSE: DAL) today announced it began distribution of approximately 21 million shares of Delta common stock to holders of allowed general unsecured claims against the company and certain of its subsidiaries, as outlined in the Plan of Reorganization. Delta and its subsidiaries emerged from Chapter 11 protection on April 30, 2007 under the Plan of Reorganization. Following its emergence from Chapter 11, Delta distributed approximately 247 million shares of Delta common stock according to the company’s Plan of Reorganization. This initial distribution included approximately 230 million shares issued to Delta creditors and approximately 3 million shares to Comair creditors. Delta non-management non-contract employees also received approximately 14 million shares pursuant to the Plan.
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