Cerberus Capital Management

Cerberus Capital Management website: www.cerberuscapital.com 

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16 December 2014

USA: Sandy Hook victims' families sue gunmaker Bushmaster

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12 March 2013

[PDF] Issue 4: Quarterly Bulletin on Business & Children - Mar 2013

Author: Business & Human Rights Resource Centre

The purpose of this e-bulletin is to help keep everyone working in the field of business & children's rights informed about recent key developments and forthcoming initiatives. [Includes contributions by UN Committee on the Rights of the Child,...

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Article
23 January 2013

Cerberus finds difficulty selling Freedom Group

Author: Bloomberg

Cerberus Capital Management LP has struggled to find investment banks to help sell Freedom Group Inc., the gun company whose rifle was used in the shooting spree in Newtown, Conn., said people with knowledge of the matter. Banks including JPMorgan...

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Article
9 January 2013

Let’s stop investing our retirement funds in lethal weapons

Author: Adam Kanzer, Managing Director and General Counsel of Domini Social Investments, in Reuters Great Debate

Unlike other national tragedies fueled in part by investment decisions – the BP disaster immediately comes to mind – the Newtown massacre has prompted an important and overdue debate about the role of investment in our society. Your IRA is at the...

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Article
27 December 2012

Freedom Group, a gunmaker ripe for an ethical takeover

Author: John MacIntosh, former partner at Warburg Pincus, on CNN.com

...[We] need a new class of socially motivated takeover investor to prey on the sociopaths in the corporate herd, turn them around and perhaps scare (or shame) others into line...The upcoming sale by Cerberus Capital of the Freedom Group...is a...

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Story
27 December 2012

USA: Cerberus struggles to find banks willing to help sell Freedom Group - the gun company whose rifle was used in the Newtown shooting

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Article
18 December 2012

Newtown Shooting: Investment Firm Drops Stake in Bushmaster Group

Author: Brian Ross, Ned Berkowitz, Angela Hill, ABC News

Calling the shooting a "watershed event" in the national debate on gun control, Cerberus Capital, a New York-based firm that manages over $20 billion, said in a statement Tuesday it planned to sell off its investment in the Freedom Group. Freedom...

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Article
27 April 2007

Austria charges bank after Cuban accounts cancelled

Author: Reuters

Austria is charging BAWAG, being taken over by U.S. investor Cerberus Capital...with violating European Union rules after the bank cancelled the accounts of around 100 Cubans...BAWAG, Austria's fifth-largest bank, told around 100 Cuban clients earlier...

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Article
13 April 2007

Austrian bank bought by U.S.-headed consortium tells Cuban-born customer to go elsewhere

Author: AP

An Austrian bank recently bought by a U.S.-led consortium acknowledged...that it told a Cuban-born client [and about 100 other Cuban residents of Austria] to take her business elsewhere and suggested that Washington's ban on commerce with Havana was...

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Article
5 July 2006

Albertson's under fire from EEOC [USA]

Author: Denver Business Journal [USA]

The U.S. Equal Employment Opportunity Commission has sued the Albertson's Inc. grocery chain for harassment against black and Hispanic workers at a metro Denver distribution center... Over the past decade, Albertson's "failed to respond to countless...

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