Corrections

Industry reporting is judged on the record it leaves. Errors in that record are repaired where they occurred and dated.

  1. Material errors

    Ownership, financing, executive moves, deal terms, regulatory status and figures drawn from filings are corrected whenever a document or a named source shows they were wrong. The correction identifies the document.

  2. Updates that are not corrections

    A deal that closes, a rule that takes effect or a number that is restated later is an update, not a correction. Updates are dated and appended; the original reporting stays as written.

  3. Anonymous sourcing

    If information attributed to a source proves wrong, the correction says so plainly. We do not identify the source, and we do not quietly remove the passage.