As Anniversary of Sandy Hook Shooting Approaches, Cerberus Capital Management Makes Tepid Offer Allowing Investors to Unload Toxic Firearm Investments

NEW YORK, NY —  A late-Sunday news report has indicated the Cerberus Capital Management LP will allow individual investors the option of divesting from Cerberus’ stake in Freedom Group, the manufacturer of the military-style assault rifle used in the Sandy Hook shooting. Cerberus Capital Management owns a 94% stake in Freedom Group and has had difficulty structuring a deal to […]