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View Full Version : Selling the majority of shares in Bushmaster



Litpipe
12-18-12, 13:45
http://www.seattlepi.com/business/article/Cerberus-to-sell-gun-company-that-makes-Bushmaster-4127061.php


"The company that makes one of the weapons used to kill elementary school children in Connecticut is being put up for sale by its owner, which called Friday's tragedy a "watershed event" in the debate over gun control.

The private-equity group Cerberus Capital Management said Tuesday it will sell its controlling stake in Freedom Group International, the maker of Bushmaster rifles. Investors also continued to bail out of other gunmakers while the retailer Dick's Sporting Goods said it would stop selling military-style rifles."

What a joke. The next time a Ford truck runs over a pedestrian we should sell any shares we own. Is it completely lost on these people that the guns were stolen from its murdered owner? Unbelievable.

Seagunner
12-18-12, 13:51
California Teachers pension is invested in Cerberus Capital Management.
Also just heard the founder of Cerberus lives in Newtown.

sammage
12-18-12, 13:52
Already being discussed here: https://www.m4carbine.net/showthread.php?p=1472566

Litpipe
12-18-12, 13:54
I just read about it. Did not realise it was already being discussed. The mod can close it out if they like. Thanks.

Seagunner
12-18-12, 14:45
And we don't have enough posts to join that thread