Delta Air Lines, Inc. (NYSE: DAL) Message Board

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Non-Tech : Delta Air Lines, Inc. (NYSE: DAL)

DAL 69.35

-0.3%

3:59 PM EST

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To: epicure who wrote (8)	7/17/1998 2:17:00 PM
From: Larry Voyles	Read Replies (1) of 82

Short version of a long story: Transquest spun off of Delta, joint venture with AT&T. Separate company, just like WorldSpan. Delta IT folks had to go with TQ or find a new place to work. AT&T bursts into a thousand tiny pieces. TQ ends up paired up with NCR after AT&T blew up. Delta issues stock options around this time. Delta takes over Transquest (TQ) again as a wholly-owned subsidiary. Delta Technology (DT) subsidiary formed out of remains of TQ almost 1 year ago today. DT people are given Delta-like benefits over the year.

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