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Freedom Group

The NRA: Gun Industry Trade Association Masqerading as a Shooting Sports Foundation

Josh Sugarmann | Posted 06.25.2014 | Politics
Josh Sugarmann

Since 2005, gun industry "corporate partners," as the NRA likes to call them, have donated between $19.3 million and $60.2 million to the NRA. This partnership will be on full display at the annual meeting -- which itself is sponsored by firearm accessories vendor MidwayUSA.

Sandy Hook Gun-Maker Profits Up 52 Percent In Year Since Massacre

Posted 01.23.2014 | Business

The past 12 months have been unimaginably horrible for the loved ones of the victims of the Sandy Hook massacre a year ago, but they have been just fi...

Wall Street Firm Hasn't Sold Off AR-15 Maker Despite Newtown Promise

The Huffington Post | Jillian Berman | Posted 09.24.2013 | Business

A coalition of advocates are urging a private equity firm to make good on its now nine-month-old promise to stop investing in gun makers. Amid a fl...

Cerberus Founder Exploring Bid For Bushmaster Gunmaker

Reuters | Posted 06.16.2013 | Business

(Adds details on the process) By Olivia Oran, Greg Roumeliotis and Martinne Geller April 17 (Reuters) - Private equity m...

Rifle Maker's $1 Million Deal Revoked Just Days After Newtown Shootings

AP | STEPHEN SINGER | Posted 05.20.2013 | Business

HARTFORD, Conn. — Just days before 20 children and six educators were killed at a Connecticut school in December, state development officials of...

Shut Down the Merchants of Death -- A Divestment Strategy to Stop Gun Violence

Peter Dreier | Posted 04.15.2013 | Politics
Peter Dreier

Around the country, Americans are not only lobbying their Congressmembers to support legislation to reduce gun violence, they are also voting with their dollars -- through pension funds, government purchasing policies, and university endowments.

Cerberus: It's Time to Take Ownership

Richard Robbins | Posted 02.17.2013 | Business
Richard Robbins

Where is the sense of ownership from Cerberus? Where is the sense of responsibility to society? What ownership did Cerberus and its leaders show in 2006, when they decided that investing in Bushmaster could provide a favorable return to investors and themselves? What ownership have they shown in the past 6 years?

Cerberus Divestment Is a Loss, Not a Win

Christine Bader | Posted 02.18.2013 | Business
Christine Bader

Cerberus Capital's decision to sell its stake in the Freedom Group, maker of the gun used in the Newtown shootings, is being widely applauded. But divestment is exactly the wrong outcome: Running away from the problem doesn't solve it.

Stock Market Crushes Gun Makers For Third Straight Day

The Huffington Post | Posted 12.18.2012 | Business

Everybody's running away from the nation's gun makers after the Newtown Elementary School massacre, and investors are leading the way. Shares of St...

Chris Kirkham

Equity Firm To Sell All Investments In Firearms

HuffingtonPost.com | Chris Kirkham | Posted 12.18.2012 | Business

Cerberus Capital Management, a private equity firm that owns a stake in Bushmaster, the gun manufacturer that produced the rifle used in the massacre ...

Chris Kirkham

Gun Companies' Unlikely Investors: Teacher Retirement Funds

HuffingtonPost.com | Chris Kirkham | Posted 12.18.2012 | Business

Gun manufacturers have enjoyed lucrative growth in recent years, a trend now under scrutiny after the massacre of 20 children inside a Connecticut ele...

Gun Conglomerate Pulls IPO, Latest Bad News for Firearms Industry

Josh Sugarmann | Posted 06.04.2011 | Politics
Josh Sugarmann

Despite the gun industry's essentially unchallenged chest thumping that things are going great for firearm manufacturers, a giant dose of reality reared its ugly head when Freedom Group canceled a long-delayed IPO.

Gunmaker's 'Adaptive Combat Rifle' Too Combat-y: Fires Full Auto!

Josh Sugarmann | Posted 05.25.2011 | Politics
Josh Sugarmann

When is a "combat rifle" for the U.S. civilian gun market too combat-y? When it fires like a full-auto machine gun. That's the problem Bushmaster now faces with its new Adaptive Combat Rifle

Obama Gun Boom Comes to an Official End

Josh Sugarmann | Posted 05.25.2011 | Politics
Josh Sugarmann

A "family" of gun companies collectively known as The Freedom Group has just filed new documents with the SEC, in anticipation of its IPO.