Nation | Business

Private Equity Group Withdraws Stake In Gun Company After Newtown Shootings

NPR | Dec. 18, 2012 6:46 p.m.

Contributed By:

Yuki Noguchi

Executives at Cerberus Capital Management, a private equity group, says that the Sandy Hook shootings are a “watershed event” and has decided to withdraw its investments in a group of firearms makers, including Bushmaster, Remington and others.

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