Gunmaker's Owner Has Ties to Newtown

Dec. 18 (Bloomberg) -- The father of Stephen Feinberg, founder of Cerberus, the private-equity firm that owns gunmaker Freedom Group Inc., lives in the town where a Freedom Group-made rifle was used to kill 26 people in an elementary school. Martin Feinberg is a resident of Liberty at Newtown, a community for people 55 and older that’s about 6 miles from Sandy Hook elementary school. Cerberus today announced it will sell Freedom Group. (Source: Bloomberg)
The Top 5 Business News Stories to Watch for Today
32:48 - Bloomberg's Erik Schatzker, Matt Miller and Michael Regan report on the top five business stories of the day. They speak on "Market Makers." (Source: Bloomberg)
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