In this handout crime scene evidence photo provided by the Connecticut State Police, shows a Bushmaster rifle in Room 10 at Sandy Hook Elementary School following the December 14, 2012 shooting rampage, taken on an unspecified date in Newtown, Conn.
In this handout crime scene evidence photo provided by the Connecticut State Police, shows a Bushmaster rifle in Room 10 at Sandy Hook Elementary School following the December 14, 2012 shooting rampage, taken on an unspecified date in Newtown, Conn. - 

For almost exactly a year now, Cerberus Capital Management, the $20 billion private equity and hedge fund group, has been trying to sell one of its key holdings: Freedom Group, the biggest gunmaker in the country.

Freedom makes the weapon used at Sandy Hook elementary school one year ago this coming Saturday.

According to a report in the New York Times:

Instead of selling the company, executives from the Freedom Group explained on Monday during a conference call with about 35 creditors that Cerberus was working on a new step: helping its investors who were seeking to distance themselves from the industry sell their interests in the firearms maker.

Follow David Gura at @davidgura