Cerberus is planning to sell its stake in Freedom Group, maker of the Bushmaster rifle, following the school shootings in Newtown, Conn.The private equity firm said that the shootings were a watershed event in the national debate on gun control. While it said that it is not its role to take positions or attempt to shape or influence the gun control debate, Cerberus said it can take action by selling its stake in Freedom Group.
Cerberus to sell stake in Bushmaster gun maker - SFGate
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