A deal made in the Oval Office?
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Dubai & Dubya in dash for lifeboat
Bush team urges firm to get a U.S. partner
BY THOMAS T. DeFRANK and KENNETH R. BAZINET
DAILY NEWS WASHINGTON BUREAU
WASHINGTON - The White House is quietly pushing a Dubai company to
"significantly restructure" and partner up with a U.S. outfit to keep the
port deal from sinking, sources told the Daily News yesterday.
"It's in the hands of the company now. ... They're going to have to
significantly restructure," said a Republican source familiar with White
House expectations.
A revamped deal to allow Dubai Ports World to take over six major U.S.
ports - including Manhattan's cruise ship terminal and Newark's container
depot - would have to be something along the lines of the Marine One
contract.
British- and Italian-owned AgustaWestland had to take on Maryland-based
Lockheed Martin to win the contract to build the President's helicopter last
year.
"A lot of people are talking about this, a subsidiary or a deal like that,"
a congressional source confirmed.
One snag to such a deal may be that sources say the U.S. company best
equipped to partner with DP World is Halliburton, once headed by Vice
President Cheney.
After undergoing so much scrutiny for its no-bid Iraq contract and the
handling of some of its duties there, Halliburton may not be able to help DP
World land the deal, a source admitted.
-snip-
http://www.nydailynews.com/front/story/396685p-336188c.html
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