ICYMI: Gun-control advocates target Bank of America on Remington deal after Santa Fe shooting

May 8, 2018

Caroline Hudson Charlotte Business Journal 5/23/18

Last Friday, 17-year-old Dimitrios Pagourtzis opened fire at Santa Fe High School in Santa Fe, Texas, killing 10 people. His weapons of choice were a Remington 870 short-barreled shotgun and a .38-caliber Rossi revolver, both stolen from his father, according to reports.

This latest tragedy brought Charlotte-based Bank of America Corp. (NYSE: BAC) under fire once again for its decision to back a lending package for which it officially filed in late March. Bank of America contributed $43.2 million to the $193 million package, which drew funds from a total of seven banks. Talks surrounding the lending package began in January.

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