Allegis Corp. reported net 1987 income of...

Allegis Corp. reported net 1987 income of $355.1 million, including $270 million in after-tax gains from the sales. Allegis, parent company of United Airlines, underwent a wrenching restructuring last year and sold off Hilton International Co. and Hertz Corp. Revenue rose to $8.3 billion for the year, a 17% jump over the previous year.