Cerberus to sell stake in Bushmaster gun maker | Synopsis

Cerberus to sell stake in Bushmaster gun maker

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Excerpt:

NEW YORK –  Private equity firm Cerberus Capital Management is planning to sell its stake in Freedom Group, maker of the Bushmaster rifle, following the Newtown, Conn. , school shootings. On Friday, 26 people were killed at Sandy Hook Elementary School in one of the worst mass shootings in U. S history. The gunman, Adam Lanza, used a. 223-caliber Bushmaster rifle during the shootings. Cerberus said in a statement Tuesday that it was deeply saddened by Friday's events. The firm said that it will hire a financial adviser to help with the process of selling its Freedom Group interests. Cerberus said that money made from the stake sale will be returned to its investors.

Keywords:

Bushmaster rifle shootings equity firm Cerberus worst mass shootings Freedom Group .223-caliber Bushmaster rifle school shootings Sandy Hook Elementary Freedom Group interests Adam Lanza stake NEW YORK Capital Management financial adviser U.S history Friday

People:

Adam Lanza

Overall Sentiment: -0.0906626

Relevance: 0.496899

Additional Info:

Facility: Sandy Hook Elementary School

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City: Newtown

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Disambiguation: References:

• Newtown, Connecticut
• Newtown, Connecticut: dbpedia
• Newtown, Connecticut: freebase
• Newtown, Connecticut: yago

City: NEW YORK

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Disambiguation: References:

• New York, Lincolnshire: dbpedia
• New York, Lincolnshire: yago

Country: U.S

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Disambiguation: Location | Region | AdministrativeDivision | GovernmentalJurisdiction | FilmEditorReferences:

• United States
• United States: dbpedia
• United States: freebase
• United States: ciaFactbook
• United States: opencyc
• United States: yago

Company: Cerberus

Overall Sentiment: -0.124698

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Company: Cerberus Capital Management

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Relevance: 0.745998

Disambiguation: References:

• Cerberus Capital Management
• Cerberus Capital Management: dbpedia
• Cerberus Capital Management: freebase
• Cerberus Capital Management: umbel
• Cerberus Capital Management: yago

Company: Freedom Group

Overall Sentiment: 0.0775769

Relevance: 0.662015

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Cerberus to sell stake in Bushmaster gun maker

URL Provided Keywords:

• cerberus capital management
• conn
• elementary school
• equity firm
• newtown
• private equity
• school shootings
• the firm
• U S

URL Provided Desc:

Private equity firm Cerberus Capital Management is planning to sell its stake in Freedom Group, maker of the Bushmaster rifle, following the Newtown, Conn., school shootings.

Source : http://feeds.foxnews.com/~r/foxnews/national/~3/RidlCXRXJOw/

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Full Content: http://feeds.foxnews.com/~r/foxnews/national/~3/RidlCXRXJOw/

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