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n2doc

(47,953 posts)
Tue Sep 17, 2013, 10:31 AM Sep 2013

Cerberus Capital still hasn’t unloaded the maker of the AR-15 but is making tons of money from it

When you’re holding a hot potato, it seems no harm can come to you as long as you keep throwing it in the air.
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For the last nine months Cerberus Capital Management has been trying to sell off the Freedom Group, an agglomeration of firms that sells more firearms and ammunition than any other company in the United States.
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Among other weapons, Freedom Group is the leading manufacturer of the most popular, but also the most controversial gun in America: the AR-15, a semi-automatic, military-style rifle used in the 2012 Sandy Hook elementary school massacre that killed 28, in a rampage this summer that killed six in Santa Monica, and now today’s attack at the Washington Navy Yard, which has so far resulted in 13 deaths.
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It’s not clear yet whether the particular gun used today was made by Freedom Group, or how the alleged gunman, Aaron Alexis, obtained it.

more

http://qz.com/124999/cerberus-capital-still-hasnt-sold-freedom-group-manufacturer-ar-15-assault-rifle/

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