Cerberus to sell stake in firearms company that produced rifle used in Newtown massacre

  • Article by: MICHELLE CHAPMAN , Associated Press
  • Updated: December 18, 2012 - 1:25 PM

NEW YORK - The private equity firm Cerberus will sell the firearms company that produced one of the weapons believed to have been used in the shootings at an elementary school in Newtown, Conn., calling it a "watershed event" in the national debate on gun control.

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