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
Rumor Control: The Truth About Cerberus/Freedom Group
Friday, July 20, 2012
Monday, March 27, 2023
The law of inverse or unintended consequences refers to outcomes that are the reverse of the planned or expected results. As described in another context, “the law of unintended consequences could create a perverse effect contrary to ...
Friday, March 24, 2023
Today, the House voted 76-32 to pass House Bill 543, the constitutional carry bill.
Monday, March 27, 2023
Most Americans understand that our country has had a problem with a surge in crime over the last couple of years. In response, there has been a surge in gun purchases, and millions of law-abiding citizens ...
Monday, January 30, 2023
On Monday, January 30, the Bureau of Alcohol, Tobacco, Firearms, and Explosives’ (ATF) published the final Factoring Criteria for Firearms with Attached “Stabilizing Braces” rule for public inspection in the federal register.
Wednesday, March 15, 2023
On Tuesday, Joe Biden issued an executive order on gun control that could accurately be described as a mile wide and an inch deep.
More Like This From Around The NRA
