Cerberus can't afford to sell Remington right now. They have about $250 million in Remington debt, paid about $120 million, and the break-up value of Remington is less than $350 million.
They will probably "package" Remington, H&R, DPMS, etc., at some point, and sell all of it at a nice profit. However, Cerberus is not a "slash and burn" type of company.
PS - Doesn't Cerberus own 51% of GMAC? I thought they were the majority owner.
PPS - There are a lot of folks who thought Cerberus should have "bailed out" Chrysler themselves. These companies, like a lot of others, and us individually, set a budgeted amount of investment when buying a company. They are likely as not, to get cheaper money where possible. Government money is cheap. Otherwise Cerberus would have sought out other investors for the Chrysler venture.
Best,
Dennis