Cerebrus Capital to Sell Maker of Fatal Rifle
Cerebrus Capital Management describes itself as “one of the world’s leading private investment firms”. The group frequently works with top PR firm Weber Shandwick. Cerebrus also owns Freedom Group, a holding company that includes the gunmaker Bushmaster (the same company that manufactured the weapon used in last week’s horrific Newtown, Connecticut shooting).
Today brings news that Cerebrus plans to sell all assets in Freedom Group in a coordinated act of damage control. We have reason to believe that Weber Shandwick advised Cerebrus to take this route, and we have to say that it was a very good decision.
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