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 […]
Newtown Families Demand Cerberus Capital Management End Investment in Freedom Group Gun Manufacturer
NEW YORK, NY — Families of Sandy Hook victims, U.S. Rep. Charles Rangel (D-NY-13), Geoffrey Eaton, NAACP Mid-Manhattan President, and a diverse coalition of gun violence prevention advocates held a press conference and action at 12pm today, outside the offices of Cerberus Capital Management (875 3rd Avenue, New York) to call on the hedge fund to immediately sell all […]