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Florida teachers union presses state pension to sell shares in gun manufacturers

“The president of the Florida teachers union is asking the state pension fund to divest itself of its shares in the manufacturer of AR-15 assault rifles, which was the weapon used in last week’s mass shooting at the Marjory Stoneman Douglas High School in Parkland, Florida. Seventeen students and school staff were killed in last week’s attack, which police say was carried out by a former student of the school. The Florida Retirement System, whose fund has a total value of $163.1 billion, holds approximately $528,000 worth of shares in the Massachusetts-based manufacturer American Outdoor Brands, according to a retirement system spokesman. Florida Education Association president Joanne McCall, in a statement issued Wednesday afternoon said that ‘Surely there are better places for the state to invest its public employee retirement money than in companies that make products that harm our children.'”

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