CoreCivic Sells 1,600-Bed Prairie Correctional Facility In Appleton, Minnesota And 1,033-Bed Midwest Regional Reception Center In Leavenworth, Kansas For Aggregate Gross Sales Price Of $734M
CoreCivic, Inc. (NYSE:CXW) (CoreCivic or the Company) announced today that it has completed the sales of its 1,600-bed Prairie Correctional Facility in Appleton, Minnesota and its 1,033-bed Midwest Regional Reception
CoreCivic sold two big prison buildings for $734 million. When a company sells buildings, watch whether they use that money to pay off debt or invest in new things—that tells you if the company is getting stronger or weaker.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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