Internet Rumors About Cerberus, Freedom Group Are False

[dufremle]

Since this came up at dinner Saturday...


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Friday, October 14, 2011

Recently, an old rumor regarding Cerberus--the private equity firm that owns Freedom group, a holding company that in turn owns a number of firearms manufacturers, including Remington, Marlin, Bushmaster, and DPMS--was in some way tied to George Soros.

This rumor is completely false and baseless.

NRA has had contact with officials from Cerberus and Freedom Group for some time. The owners and investors involved are strong supporters of the Second Amendment and are avid hunters and shooters.

In reality, at no time has George Soros ever been a part of the ownership group of Freedom Group or Cerberus, and as a privately traded corporation, there is no possibility that he will be in the future.

This unsubstantiated rumor has caused a great deal of unnecessary concern for gun owners. NRA-ILA urges our members to take great care before repeating baseless rumors found on the Internet.

[Rhino]

I'm a little confused, who cares if he had money in the private equity firm that owned the parent company of gun manufacturers?

[dufremle]

He is vehemently anti-gun.

[Rhino]

So? He's pro-money, and being a shareholder in a parent company of a parent company really doesn't give you anything in the way of control. Sounds like a bunch of FUD to me.