Gun Maker to Be Sold. Okay now?
Oh, great: The conglomerate, Freedom Group, that includes Bushmaster (who made the AR-15 used to slaughter 20 children and 6 adults in Newtown, CN) and at least six other armaments manufacturers, is go be sold by private equity investment group Cerberus:
Cerberus said that it was putting the Freedom Group up for sale….
Cerberus signaled that it wanted to remove itself from the uproar over the nation’s gun laws in seeking to sell Freedom, which makes the Bushmaster rifle used in the massacre.
So Cerberus won’t own Freedom Group, but will sell it. Won’t stop making the awful things, just doesn’t want to be so closely connected to them. I think this is technically called “washing one’s hands”.
And to whom will Freedom Group be sold?
Several foreign gun manufacturers, including Forjas Taurus of Brazil and Heckler & Koch of Germany, could be possible acquirers, according to a banker familiar with the weapons industry.
Terrific; some Brazilians or Germans will now resume flooding America with assault weapons. I feel so much better now.