Explore The NRA Universe Of Websites

APPEARS IN News

Rumor Control: The Truth About Cerberus/Freedom Group

Friday, July 20, 2012

An old rumor has once again resurfaced alleging that 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--is in some way tied to George Soros.

This rumor is completely false and baseless.

Following is a statement from Freedom Group, Inc., addressing the rumor:

Despite rumors to the contrary, Cerberus Capital Management, L.P., the firm which owns Freedom Group. Inc. (FGI), the holding company for such firearms manufacturers as Remington, Marlin, Bushmaster and DPMS, is in NO WAY affiliated with anti-gun activist George Soros.

George Soros has never been a part of Freedom Group or Cerberus.  Further, as Cerberus is a privately owned corporation, run by sportsmen, shooters and firearms enthusiasts, we can say with great sincerity and certainty that George Soros will never be a part of the Freedom Group family of companies.

"If anyone should know whether George Soros is affiliated with either Freedom Group or Cerberus, it's me," said George Kollitides, Executive Chairman and Chief Executive Officer of FGI.  "I spent the last eleven years of my career at Cerberus and just recently stepped down to become executive chairman and chief executive officer of FGI.  I did this in order to devote 100 percent of my time, effort and passion to a company I spent years building.   I can emphatically proclaim, without the slightest of doubt, that George Soros has never, does not and never will own or be affiliated with Cerberus or Freedom Group.”

To learn more about FGI, our officers, directors and owners, we encourage you to visit our website www.freedom-group.com.

For third-party, independent confirmation of our statement, we encourage you to visit any of the following unaffiliated web sites:

Snopes.com
http://www.snopes.com/politics/guns/freedom.asp

Factcheck.org
http://www.factcheck.org/2011/10/george-soros-gun-grab/

Field and Stream
http://www.fieldandstream.com/blogs/gun-nuts/2011/10/how-not-write-rot-and-evil

Ammoland (National Rifle Association)
http://www.ammoland.com/2011/10/17/internet-rumors-about-cerberus-freedom-group-are-patently-false/#axzz1r6XlXa7T

TRENDING NOW
Video: Arrogant Illinois State Senator Proposes Confiscating Guns

News  

Friday, June 21, 2019

Video: Arrogant Illinois State Senator Proposes Confiscating Guns

Anti-gun lawmakers, including some of those vying for the 2020 Democratic presidential nomination, are becoming increasingly open about their desire to confiscate firearms from law-abiding citizens and jail those who don’t comply. Perhaps taking a cue from their strident ...

Bloomberg Course: Certified in Advocacy

News  

Friday, June 21, 2019

Bloomberg Course: Certified in Advocacy

We did it. We “earned” a course certificate for the Bloomberg School’s massive open online course titled “Reducing Gun Violence in America: Evidence for Change.” After six grueling weeks we have heard what Michael Bloomberg’s ...

A Tale of Two Rallies

News  

Friday, June 21, 2019

A Tale of Two Rallies

The 2020 presidential contest is now underway in earnest. On Tuesday, President Trump officially kicked off his reelection campaign to a packed house at the 20,000 seat Amway Center in Orlando, FL. Earlier that day, ...

Governor Abbott Signs Ten Pro-Second Amendment Bills into Law

Monday, June 17, 2019

Governor Abbott Signs Ten Pro-Second Amendment Bills into Law

Governor Greg Abbott has now signed all of the NRA-supported legislation which the Texas Legislature sent him during the 2019 session.

California: Legislative Update and Hearings Next Week

Sunday, June 23, 2019

California: Legislative Update and Hearings Next Week

No summary available

California DOJ Proposes “Emergency” Regulations Requiring Federally  Compliant IDs for All Firearm and Ammunition Transfers

Tuesday, June 18, 2019

California DOJ Proposes “Emergency” Regulations Requiring Federally Compliant IDs for All Firearm and Ammunition Transfers

Yesterday, the California Department of Justice officially submitted proposed “emergency” regulations that, if adopted, would require federally compliant California driver license or identification cards whenever attempting to purchase a firearm and, beginning July 1, 2019, ...

Guide To The Interstate Transportation Of Firearms

Gun Laws  

Thursday, January 1, 2015

Guide To The Interstate Transportation Of Firearms

CAUTION: Federal and state firearms laws are subject to frequent change. This summary is not to be considered as legal advice or a restatement of law.

Maryland: House Passes Multiple Gun Control Bills to the Senate

Tuesday, March 19, 2019

Maryland: House Passes Multiple Gun Control Bills to the Senate

Last night, the Maryland House passed multiple gun control bills.  House Bill 786 was passed by a 90 to 49 vote, and House Bill 740 was passed by a 94 to 45 vote. 

New Jersey: Legislature Passes Smart Gun Legislation

Friday, June 21, 2019

New Jersey: Legislature Passes Smart Gun Legislation

On Thursday, both chambers of the New Jersey Legislature passed “smart gun” legislation despite this technology being more science fiction than reality.

California: NRA and CRPA Submit Opposition to DOJ’s Proposed “Emergency” Regulations Requiring Federally Compliant IDs for Firearm and Ammunition Transactions

Thursday, June 20, 2019

California: NRA and CRPA Submit Opposition to DOJ’s Proposed “Emergency” Regulations Requiring Federally Compliant IDs for Firearm and Ammunition Transactions

As reported earlier, the California Department of Justice recently proposed “emergency” regulations that, if adopted, would require federally compliant IDs whenever attempting to purchase a firearm and, beginning July 1, 2019, any ammunition in the ...

MORE TRENDING +
LESS TRENDING -

More Like This From Around The NRA

NRA ILA

Established in 1975, the Institute for Legislative Action (ILA) is the "lobbying" arm of the National Rifle Association of America. ILA is responsible for preserving the right of all law-abiding individuals in the legislative, political, and legal arenas, to purchase, possess and use firearms for legitimate purposes as guaranteed by the Second Amendment to the U.S. Constitution.