Exclusive: Cerberus founder explores bid for Bushm

By Olivia Oran, Greg Roumeliotis and Martinne Geller (Reuters) - Private equity mogul Stephen Feinberg may bid for the Bushmaster rifle maker that his firm Cerberus Capital Management LP put up for sale after one of its guns was used in a Connecticut school shooting, three sources familiar with the situation said. Feinberg, along with other senior Cerberus partners, is putting together a consortium to make a "stalking horse" offer designed to spur competition for Freedom Group, which makes the Bushmaster rifle, the sources said on Tuesday. ...