The Dick's Sporting Goods chain said Tuesday that it is suspending sales of some rifles nationwide because of the Sandy Hook Elementary School shootings.
Dick's also said it's removing all guns from display at its store closest to Newtown, Conn., where the shootings place.
Earlier Tuesday, Wall Street private equity firm Cerberus Capital Management said it will sell its stake in firearms maker Freedom Group, which makes one of the guns used in Friday's mass shooting that killed 26 people, including 20 children.
A statement on Dick's corporate website expresses sympathy for the victims' families. It says sales of "modern sporting rifles" will be suspended during "this time of national mourning."
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