The geo group enters into new lease agreement with the state of new mexico at the guadalupe county correctional facility

Boca raton, fla.--(business wire)--the geo group (nyse: geo) (“geo”) announced today that it has entered into a new two-year lease agreement, with successive two-year renewal option periods through october 31, 2041, with the state of new mexico at the company-owned, 600-bed guadalupe county correctional facility. geo has operated the guadalupe county correctional facility under a management contract with new mexico and will transition facility operations to the new mexico corrections department
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