" Until last Friday, when Adam Lanza slaughtered 20 children and six teachers at Sandy Hook Elementary School in Newtown, Conn. -- using, among other weapons, a Bushmaster semiautomatic rifle made by Freedom Group -- it proudly called itself the world's largest manufacturer of guns and ammunition. Now, Cerberus and Feinberg are trying to wipe the blood off their hands.... "Did you know, by the way, that one of the guns used by James Holmes when he allegedly killed 12 people and wounded 58 in the mass shooting in Aurora, Colo., was a Remington pump-action shotgun? Freedom Group makes those, too."
"Since 2006, it has paid around $158 million to acquire 15 companies, according to an analysis by Andrew Silton, who writes the blog Meditations on Money Management. Although many gun manufacturers are small, Freedom Group now employs a lot of people to make guns -- over 3,000." |