Cerberus to let LPs sell stakes in Remington to new entity

Remington Outdoor, the company that manufactured the Bushmaster rifle used in the fatal shootings of 26 people in Newtown, Conn., in 2012, is offering to buy out limited partners in a transaction that will result in Cerberus Capital Management funds exiting the firearms maker, according to a source.

18 May 2015•2 mins read
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