Maker of gun used in Sandy Hook tragedy up for sale

Some fast fallout in the business world from the Sandy Hook tragedy.

From CNNMoney: “Private equity firm Cerberus has put U.S. firearms maker Freedom Group up for sale following Friday’s killing of 20 children and six adults at the Sandy Hook school shooting in Connecticut.

“Freedom Group includes Bushmaster, maker of the rifle used in the shooting at the school in Newtown. Cerberus bought Bushmaster in 2006 before adding another 10 makers of firearms, ammunition and accessories to the group.”

In a statement, Cerberus said: “It is apparent that the Sandy Hook tragedy was a watershed event that has raised the national debate on gun control to an unprecedented level.”

For the full story at ajc.com.

120 comments Add your comment

Dr.Biz

December 18th, 2012
11:00 am

Gun control advocates got what they wanted.

Sammy Dawg

December 18th, 2012
11:00 am

Yea, no sh*t Sherlock.

billy bob from cobb

December 18th, 2012
11:07 am

They are selling on a high. The bushmasters will be flying out of the gun stores for the next several months because of this. It was the same company that made the D.C. snipers rifle and look what happened to their sales after that came out

Douglas

December 18th, 2012
11:07 am

Yep…you too are a bunch of close-minded freaking idiots. What, are you such a poor shot when you go hunting that you need a semi-automatic to kill animals? How many more children have to die? Oh, let’s stay with your ignorant defense: “Guns don’t kill people…people kill people.”

Turkey Slayer

December 18th, 2012
11:08 am

Wow, what a breaking story David Markiewicz. We were all waiting for someone to find out!

Why don’t you minions at AJC try to find something positive and happy to write about?

Mike

December 18th, 2012
11:09 am

Its obvious from the comments above that if thier children had been murdered they would feel the same way they do now! Reminds me of well known Rednecks last words before his peril of stupidity; “watch this!”

right

December 18th, 2012
11:10 am

guns don’t kill people, people kill people. and a person with an assault rifle kills lots and lots of people.

oldman

December 18th, 2012
11:10 am

My guns have killed less people the Ted Kennedy’s car has.

oldman

December 18th, 2012
11:12 am

ergo – My guns have killed less people than Ted Kennedy’s car has, so are you going to outlaw cars?

asdf

December 18th, 2012
11:12 am

why do so many assume that guns are only for hunting? anyone that does has never known the safety a gun provides when living in a high crime neighborhood.

wise willie wingate

December 18th, 2012
11:13 am

Enter your comments here

Qwayshawna

December 18th, 2012
11:14 am

Someone’s going to pick up a very profitable business for a song.

Cerberus wants to do the politically correct thing, I can understand that, but at the end of the day successful investors think with their heads not their hormones.

billy bob from cobb

December 18th, 2012
11:16 am

How many people die from junk food?

Earl

December 18th, 2012
11:18 am

It has been reported that 6 laws were broken by the shooter. I guess 2 or 3 more would have made the difference.

nathan's political arsonist

December 18th, 2012
11:18 am

great news, one down. bad day for redneck guntards

Devil's Advocate

December 18th, 2012
11:19 am

Douglas,

There is nothing ignorant about the statement “Guns don’t kill people…people kill people.” Your only defense is that people are “a bunch of closed-minded freaking idiots” and you question their shooting ability when hunting. Look in the mirror to see who is being ignorant.

I don’t hunt, I don’t currently own a gun (shame on me), but I was raised with guns in the home for home defense. I was allowed to handle guns (never shoot them though). Instead, I was given 2 BB pistols (one air powered, one spring powered) to practice shooting.

Since I don’t own a gun as an adult I’m pretty sure my life represents the argument that guns themselves don’t cause people to be violent considering my upbringing.

I’ll wait for your feedback and potential insults since I disagree with your position.

AR owner

December 18th, 2012
11:20 am

Guns are NOT the problem. Mentally unfit people are the problem.

Laws will not change anything. He broke many other laws besides murder and the next one will break them as well.

The only defense against a bad guy with a gun, is a good guy with a gun…

hokie4life

December 18th, 2012
11:20 am

@billy bob from cob: What is your point? I find it VERY hard to find similarities between people eating junk food and the innocent killing of children?

Dwayne

December 18th, 2012
11:21 am

lanza’s Mom is a saint…bought lots of guns, taught her mentally unstable son how to shoot, so they could bond. the assault weapon is to blame? Let a loved one of yours get carjacked at gunpoint, kidnapped then raped. Take my gun/guns? I think not.

John

December 18th, 2012
11:24 am

Douglas…You probably dont know this but the 2nd Amendment to the US constitution enabled all Americans to no limit on their right to protect themselves from a tyrannical government…if the patriots didnt own their own muskets we would still be a backwater British colony….gun ownership is not about hunting and it never has been…take away our guns and only criminals…and the Government will have power…im for the control of military semi-autos and large clips….but the guns that most Americans arent going anywhere…you hardly ever hear, through our liberal media, the large number of cases in which gun owners protected themselves…blowing away an armed, threatening home invaders just doesnt seem to get much ink…yeah im for a discussion on some issues about guns but get your facts straight before you start calling all gun owners “idiots”.

obamaSIN LADEN

December 18th, 2012
11:24 am

when guns are outlawed…only outlaws and the elite will have guns. hunters hunt, shot sportsmen shoot for sport,crazies and murderers kill with their weopon of choice.. what is wrong with the guns? you are correct…nothing. gata nra.

Don't Tread

December 18th, 2012
11:28 am

If guns cause crime, mine are all defective.

Might be a good time to move the company to Texas…

AR owner

December 18th, 2012
11:30 am

What makes you pro-gun control guys think that these insane people are going to abide by any new law? If you want to kill others, then they will find a way to hurt innocent people.

I HATE what heppened, but I personally would like to be prepared when the bad guy shows up and tries to hurt me or my family.

The problem arises when responsible gun owners pay the price for the mentally unstable and evil people get access to these weapons. Especially if they have no previous record of violence.

Again, I am saddened and heartbroken over the events in CT, however laws can not and will not stop evil.

George

December 18th, 2012
11:30 am

Their is nothing wrong with guns it the tiny group that has them.Guns will not stop selling all over the country people get shot every day.Crooks will always have guns.

John

December 18th, 2012
11:33 am

My guns have killed less people than Barbara Bush’s car.

godawg

December 18th, 2012
11:35 am

They should just take Chris Rock’s suggestion from years ago….make bullets cost $100 each. This sounds crazy but it could work. You could purchase low cost rounds at firing ranges, but you would have to fire them all there. How many rounds do hunters really fire hunting? Sure it would make hunting more expensive, but no more so than golf. If this was the case, do you think the shooter’s mother would have had $5000 worth of rounds in the house? Limit civiian sales to 10 or 20 rounds. Just a thought…..

Pry them from my..

December 18th, 2012
11:36 am

What makes you think that someone intent on MURDER will abide by a firearm law? Get real people.

Pry them from my..

December 18th, 2012
11:38 am

goUGAg,

Taxing ammunition is already a strategy of the anti’s. But again, do you think dollars will stop someone crazy enough to murder someone? Probably not.

Just makes us law-abiding sport shooters, hunters and home-defense guys pay more money to the gov’t.

HardHat

December 18th, 2012
11:45 am

In the USA since Friday mid morning 6 police have died by gun fire. How many of those gun holders got them from a legal source? 12/18/2012 1144 am. No test was given for them to handle guns. How did they get them? Convicted felons always find a way to get them.

Machine Gun

December 18th, 2012
11:47 am

From the Independant The licensing process requires applicants to undergo checks and interviews and police have wide discretion in deciding whether or not to approve them.

Bolt-action rifles are the only firearms which most gun enthusiasts can expect to be able to own. Handguns are classified in the same category as machine guns and semi-automatic rifles and are virtually unobtainable legally, except for organisations such as the police.

Machine Gun

December 18th, 2012
11:47 am

The above is the rules for owning a gun in Great Britain

Donald

December 18th, 2012
11:48 am

To start with, let me say that I agree with the statement that guns don’t kill people, people kill people. Lay a gun on a table and see how many people it kills until someone picks it up. They are an inanimate object that cannot do anything on their own. Second, I don’t need a rifle capable of spitting out a lot of ammunition to kill a deer if I want to, I am a better shot than that. If you need something like that to go hunting game, you’re in trouble. I don’t think guns should be banned but assault rifles and large capacity magazines should be banned for use and purchase by the general public. The only people that need something like that are the military and law enforcement.

southern hope

December 18th, 2012
11:54 am

Hunting guns, fine. I don’t hunt but i”m 100% cool with folks who do.

but these other guns? Ego-builders. Show-off purchases. Paranoid people. All of them the kind of people I don’t want to see with a firearm.

Machine Gun

December 18th, 2012
11:55 am

As you can see handguns are classified in the same category as machine guns…and thus almost impossible to own in Great Britain….

England has a much lower rate of gun violence then here in the U.S…now I believe in the right to bear arms but folks we need some common sense in determining which guns are legal and who can obtain them.

Why in the hell would anyone need to own an Assualt Rifle…. A reader wrote yesterday…should we not have the same guns as the U.S. Govt…

Are you serious…if our own Govt decides to the Armed Forcues against us don’t you think would consider using Nukes and or Chemical Weapons?

There’s no resonable need for anyone other than the U.S. Military and our Govt, State, and local law enforcement personnel to own an assualt weopon……

SUPPORT THE BAN………..LET’S TAKE BACK OUR COUNTRY…(OH WRONG SLOGAN)…LET’S USE SOME COMMON SENSE…….

wise willie wingate

December 18th, 2012
11:55 am

It’s unfortunate that the gun control element can now benefit from tragedy that has its roots in the breakdown of the traditional American family. These unwise idiots fail to see and address the true cause of such evil acts. Over 70% of students come from broken families. In many cases single women or grand parents try to raise these children while the real fathers go from crotch to crotch impregnating multiple females with absolutely no intention of providing support for these children. Our society has finally broken down because of our lack of morals and the destruction of traditional marriage and family stucture.This country was founded by Christian men who sought for God’s wisdom and direction in building and establishing our constitution.They knew that there would be many power seekers who would use any means in order to acquire power for the few.Don’t think for one moment that gun control will be limited to only a handful of weapons. Once the erosion of individual rights begins it will eventually lead to a gradual dis-arming of the population, and, as a result will open the door for total elimination of individual rights.Our forefathers knew this when they formed our constitional rights.Beware!

Hooty Goot

December 18th, 2012
11:56 am

If you own guns it is your duty to keep your guns locked away so that only you have access to them. If you leave them laying around where anyone in your house can have access to them bad things can and sometimes do happen.

Nate

December 18th, 2012
11:57 am

@ John

Barbara Bush’s car never killed anyone. You’re thinking of Laura. Snark works better when its factually correct.

Yatsidog

December 18th, 2012
11:58 am

If a gang of robbers are breaking into my house or attack me, my chances are much better if I have an assault weapon. Otherwise, I’m outnumbered and my chances of surviving are bleak. Its, not the guns, its the demented minds behind them.

KingLarry

December 18th, 2012
12:00 pm

godawg is not that far off the mark. While he Constitution guarantees us the right to own a firearm it is silent pertaining to ammo, and a gun with no ammo is nothing more than a fancy rock. Here’s how I see it going down. To avoid a major challenge in the courts, the Feds will place a “surcharge” on any new gun bought. The Gov’t (through Obamacare) has already proven it can levy a tax on anything. The surcharge will be high and they will say the $$ will go to a “Victim’s Fund” (BS – but that’s what they’ll say). Next will be a major surcharge on ALL ammo sales and make sellers jump a bunch of hoops to encourage them to get out of the business since it will be a big hassle. Next, they’ll make a law that will require all existing gun owners to immediately report any loss or stolen guns to the police within 24 hours. Failure to do so would make it mandatory jail time. Then, they’ll require the reporting and registering ALL existing guns and offer an amnesty period to do so. Next, they’ll require ALL gun owners to pay an ANNUAL fee for gun ownership (like your car registration) that will increase steadily over three years. This way, when you fail to pay your annual ownership fee they can demand you surrender your gun, and your failure will allow them to enter your home to seize it, since it is now ILLEGAL. Watch for this to happen. A little chip here, and a little chip there. The 2nd Amendment will still be there but will be ineffective. And guess who will still have the guns? The criminals and gangbangers. Slowly, you’ll see most of your Constitutional rights lost through a similar process. God Bless America!

USC-69

December 18th, 2012
12:01 pm

Twenty children dead. A deranged shooter with access to multiple, powerful, guns. And you what to have an argument about the solution?

King Larry1

December 18th, 2012
12:02 pm

godawg is not that far off the mark. While the Constitution guarantees us the right to own a firearm it is silent pertaining to ammo, and a gun with no ammo is nothing more than a fancy rock. Here’s how I see it going down. To avoid a major challenge in the courts, the Feds will place a “surcharge” on any new gun bought. The Gov’t (through Obamacare) has already proven it can levy a tax on anything. The surcharge will be high and they will say the $$ will go to a “Victim’s Fund” (BS – but that’s what they’ll say). Next will be a major surcharge on ALL ammo sales and make sellers jump a bunch of hoops to encourage them to get out of the business since it will be a big hassle. Next, they’ll make a law that will require all existing gun owners to immediately report any loss or stolen guns to the police within 24 hours. Failure to do so would make it mandatory jail time. Then, they’ll require the reporting and registering ALL existing guns and offer an amnesty period to do so. Next, they’ll require ALL gun owners to pay an ANNUAL fee for gun ownership (like your car registration) that will increase steadily over three years. This way, when you fail to pay your annual ownership fee they can demand you surrender your gun, and your failure will allow them to enter your home to seize it, since it is now ILLEGAL. Watch for this to happen. A little chip here, and a little chip there. The 2nd Amendment will still be there but will be ineffective. And guess who will still have the guns? The criminals and gangbangers. Slowly, you’ll see most of your Constitutional rights lost through a similar process. God Bless America!

southern hope

December 18th, 2012
12:03 pm

John at 11:24 — “you hardly ever hear, through our liberal media, the large number of cases in which gun owners protected themselves…blowing away an armed, threatening home invaders just doesnt seem to get much ink.”

This simply isn’t true. It would be cool if it *were* true but it just isn’t accurate. This article is pretty interesting and I will also look for an overall stats piece to send: http://www.cnn.com/2012/07/30/opinion/frum-guns-safer/index.html

Machine Gun

December 18th, 2012
12:03 pm

@Donald and Southern Hope…I agree with you totally…
I hear it all the time “Guns don’t kill people…people kill people.”
This is true…but if you have something in your character that would make you more likely to commit a violent act; would restrictions on certain guns prevent you in some way.
Think about it folks…if the shooter at Sandyhook only had the two handguns and not the AR15 would it be safe to say that the number of children and adults killed would have been a lot less?
THIS IS CRAZY…..STOP THE MADNESS…….SUPPORT THE BAN ON ASSUALT WEOPONS NOW……..

Hooty Goot

December 18th, 2012
12:04 pm

Good luck disarming people who live in rural Alaska. These folks don’t even take out the trash without having a large caliber pistol strapped on their hip. They live right in amongst bears and wolves and HAVE to protect themselves. Kind of like the streets of Atlanta.

John

December 18th, 2012
12:04 pm

Nate, just google Barbara Bush killed a guy and you will find many articles. This is just one of them:

http://www.bartcop.com/pickles-killer.htm

Now that’s snark.

Pippy

December 18th, 2012
12:08 pm

Suppose the government does start hammering down on gun control…because this should also affect what is shown on primetime tv shows, top selling video games and the internet. Let’s get all of it while we are on the subject. There were guns back in the 40’s, 50’s, 60’s etc…. how many schools got shot up then? hmmmmm? could it be what’s influencing people to have this sort of behavior? IMO, the government has alot of other areas to clean up before they get to the actual gun itself issue.

The Man

December 18th, 2012
12:14 pm

Assault rifles should be banned and rounded up. They should always have been limited to military and law enforcement use. They are human slaughter machines, plain and simple. They are not legitimate hunting weapons as they are not as accurate as long distance hunting rifles. Also, where is the sport in spraying the woods with 40 bullets in 45 seconds. They are overkill for personal protection (a semi-automatic handgun is plenty). This is not about the 2nd Amendment. This is about the assault weapon manufacturers’ economic interests being protected at the cost of slaughtered innocents.

NotYou

December 18th, 2012
12:15 pm

Not too many “redneck guntards” shoot up schools. Correct me if I’ve missed something. The profiles of the last several mass shooters doesn’t really line up with billy bob in the tree stand. But hey, that makes your argument sound better, right? Easy to pigeon hole those you disagree with. That’s the open mindedness talking. Check out the crime rates of legal gun owners compared to general population. I’ll wait. Ban guns, these people will adapt. Sept 11th took place without the use of a single gun.

Just Wondering

December 18th, 2012
12:19 pm

To all of you gun hater, let me ask you this question. Let’s say that you and your family is out having a nice meal and someone busted in the door and started shooting people. I remove my pistol and kill these perps before they kill you and/or your family. Will you Thank me for saving your families life or will you hate me because I carry a gun? Let’s say it is a gang of 10-15 perps, shooting up your home form some reason and I live next door to you and I pull out my AR with a 30 round clip and I take out every one of them and your family is now safe. Will you hate me because I have a rifle with a 30 rd clip or will you Thank me for stopping these people from killing you and your family?

NotYou

December 18th, 2012
12:19 pm

@The Man – I don’t know anyone that hunts like that. Usually those that are into the ARs (no, AR does not stand for assault rifle) are not necessarily hunters and vice versa. These are not automatic rifles as that requires more licensing, tax stamps, etc. The 2nd Amendment has absolutely nothing to do with hunting. At all.