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Private Equity Group Withdraws Stake In Gun Company After Newtown Shootings

Dec 18, 2012 (All Things Considered) — Executives at Cerberus Capital Management, a private equity group, say 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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Reported by

Yuki Noguchi

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