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GEO Group GEO

GEO Group GROUP SELLS ADELANTO COMPLEX FOR $950M

Form
8-K
Filed
Importance
Routine
  1. Sold 1,280-bed Adelanto West, 660-bed Adelanto East, and 704-bed Desert View for $950M
  2. Net proceeds expected to be $705M after taxes and fees
  3. Plans to use proceeds for debt reduction, stock repurchases, and other purposes
  4. Board increases share repurchase authorization to $1.25B

Written from the 8-K on EDGAR. AI can make mistakes. Check the filing.

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Data on this page was fetched . The filing on SEC.gov is the record.