The geo group announces it has entered into a purchase agreement to sell company-owned lawton correctional facility in oklahoma for $312 million

Boca raton, fla.--(business wire)--the geo group, inc. (nyse: geo) (“geo” or the “company”) announced today that it has entered into a purchase agreement with the oklahoma department of corrections for the sale of the geo-owned lawton correctional facility (the “facility”) located in lawton, oklahoma for $312 million. the sale of the facility is expected to close on july 25, 2025, subject to the satisfaction of customary closing conditions, and geo expects to transition facility operations to t.
GEO Ratings Summary
GEO Quant Ranking