Florida prison privatization plan voted down
Nashville-based Corrections Corp. of America and its main competitor GEO Group won't have a chance to pick up hundreds of millions of dollars in new Florida business after legislators there voted against a plan to privatize more than 20 prisons. GEO's CEO had called the proposal the private prison sector's biggest-ever contract opportunity. Shares of CCA (Ticker: CXW) have held steady over the past few days and are up about 11 percent in the past three months. The company last week beat analysts' estimates with its fourth-quarter earnings.
- ALEX B FRUIN INHERITANCE TRUST; CANDACE F STEFANSIC INHERITANCE TRUST; CANDANCE F STEFANSIC INHERITANCE TRUST; FRUIN, ALEX B TRUSTEE; FRUIN ALEX B INHERITANCE TRUST; STEFANSIC, CANDACE F TRUSTEE; STEFANSIC CANDACE F INHERITANCE TRUST; STEFANSIC CANDANCE F INHERITANCE TRUST
- ROSS, BRIDGETT D
- COOKE, ETHEN LANYARD TRUSTEE; COOKE, ETHEN LEWIS ESTATE
- JACOBS, JESSICA ALEXANDRA; JACOBS, ERIKA BESS




