{"id":5230,"date":"2006-11-02T00:00:00","date_gmt":"2006-11-02T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"cerberus-contractor-bids-for-us-army-deal","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2006\/cerberus-contractor-bids-for-us-army-deal.html","title":{"rendered":"Cerberus contractor bids for US army deal"},"content":{"rendered":"<p>  A little-known contractor whose hedge-fund parent last month appointed John Snow, former US treasury secretary, as its chairman is leading a strong push to win a multi-billion dollar military  contract currently held by Halliburton.<\/p>\n<p>  IAP Worldwide Services \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 owned by Cerberus Capital Management, the New York-based hedge fund \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 is making what is being seen as a serious bid to win a chunk of a huge defence contract to provide  logistical support to US troops in the field.<\/p>\n<p>  If it succeeds, the bid would transform IAP \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 once a relatively small government contractor with 5,000 employees and never regarded as a significant player before its 2004 takeover by Cerberus \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153  into one of the most powerful and politically connected groups in the booming industry of providing food, shelter and support to the US army.<\/p>\n<p>  <a href=\"http:\/\/news.moneycentral.msn.com\/provider\/providerarticle.asp?Feed=FT&amp;Date=20061102&amp;ID=6159301\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A little-known contractor whose hedge-fund parent last month appointed John Snow, former US treasury secretary, as its chairman is leading a strong push to win a multi-billion dollar military contract currently held by Halliburton. IAP Worldwide Services \u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u20ac\u0153 owned by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5230","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5230"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5230\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}