The Tribune Co., which owns the Chicago Tribune and the South Florida Sun-Sentinel, the two papers involved in the drop of United Airlines stock on Monday after a story about the airline being in bankruptcy court protection appeared on the Internet, issued the following statement:
“Our preliminary investigation into the events of today’s reporting on United Airlines revealed the following information:
“A Chicago Tribune story written in December 2002 regarding the United Airlines bankruptcy filing that year was apparently picked up by an investment advisory and research firm and republished as though it was current. The story was located in the archive section of the website of the Sun Sentinel in South Florida. The story contains information that would clearly lead a reader to the conclusion that it was related to events in 2002. In addition, the comments posted along with the story are dated 2002.
“To be clear, no story appeared today or over the weekend on the Sun Sentinel website or any Tribune website regarding United Airlines’ filing for bankruptcy.”
Read more here.