Fact Check: Hedge fund manager not behind gun company acquisitions

Posted on December 5, 2011

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I have an email saying that The Freedom Group is buying up all the American gun and ammunition companies. The email says that The Freedom Group is owned by Cerberus Capital Management. And the owner of Cerberus is George Soros, a very liberal financier who wants to control America's guns. The email asks why the media hasn't reported this. Why hasn't it been reported? For good reason. It's not true. Cerberus is a private equity firm founded in 1992 by Stephen Feinberg and William Richter, listed as senior managing directors on the company's website.

Read Original at: The Florida Times Union (Jacksonville, Fla.)

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