Sunday September 20, 2020

Private equity firm to sell Connecticut shooting gun maker

Private equity firm Cerberus said today it will seek to sell the company which makes the Bushmaster semi-automatic rifle.

18th December, 2012
2
Residents of Newtown, Connecticut comfort each other ahead of a visit by President Barack Obama.

Private equity firm Cerberus said today it will seek to sell the company which makes the Bushmaster semi-automatic rifle, the weapon authorities say Adam Lanza used on his December 14th rampage at Sandy Hook Elementary School in Newtown, Connecticut.

The father of Stephen Feinberg, the founder and chief executive of Cerberus, lives in the town where a Freedom Group-manufactured rifle was used to kill 26 people. Cerberus built Freedom Group into America’s biggest manufacturer of...

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