Cerberus Looks to Sell Stake in Firearms Maker Freedom Group Following Sandy Hook Tragedy (SWHC) (RGR)
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Cerberus Capital Management Statement Regarding Freedom Group, Inc.
NEW YORK, Dec. 18, 2012 /PRNewswire/ -- We were shocked and deeply saddened by the events that took place at the Sandy Hook Elementary School in Newtown, CT on December 14, 2012. We cannot comprehend the losses suffered by the families and friends of those killed by the unthinkable crimes committed that day. No words or actions can lessen the enormity of this event or make a dent in the pain that was inflicted on so many.Â
In 2006 affiliates of Cerberus Capital Management, L.P. made a financial investment in Freedom Group. Freedom Group does not sell weapons or ammunition directly to consumers, through gun... More
