The geo group announces exercise of five-year option period for adelanto ice processing center contract

Boca raton, fla.--(business wire)--the geo group (nyse: geo) (“geo”) announced today that u.s. immigration and customs enforcement (“ice”) has exercised the five-year option period extending the contract for the geo-owned 1,940-bed adelanto ice processing center in california (the “adelanto center”) through december 19, 2029. ice and geo entered into a 15-year contract on december 19, 2019, for the provision of secure residential housing and care at the adelanto center, consisting of a five-yea.
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