Newtown Shooting: Investment Firm Drops Stake in Bushmaster Group

A major investment firm said today it is dropping its stake in the group of companies that includes the manufacturer of the assault-style rifle that officials said was used in last week's rampage at a Connecticut elementary school. Calling the shooting a "watershed event" in the national debate on gun control, Cerberus Capital, a New York-based firm that manages over $20 billion, said in a statement Tuesday it planned to sell off its investment in the Freedom Group. Freedom Group bills itself...Full Story
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