The GEO Group Sells the Adelanto, California ICE Processing Center Complex Comprised of Three Facilities Totaling 2,644 Beds for $950 Million and Increases Share Repurchase Authorization to $1.25 Billion
The GEO Group, Inc. (NYSE: GEO) (GEO or the Company) announced today that the Company has completed the sales of its 1,280-bed Adelanto West ICE Processing Center (Adelanto West), 660-bed Adelanto East ICE Processing Center (Adelanto East), and 704-bed Desert View Annex (Desert View) located in...