BlackRock seeks 'response' from gunmakers
Feb. 23, 2018 2:24 AM ET
BlackRock (NYSE:BLK) will speak with weapons manufacturers "to understand their response" to the second-deadliest public school shooting in U.S. history, putting pressure on American Outdoor Brands (NASDAQ:AOBC) and Sturm, Ruger & Company (NYSE:RGR).
While it has stopped short of saying it would divest its funds of gunmakers, BlackRock is the largest shareholder in both companies and has more than $6T in assets under management.
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