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CCA Excludes Shareholder Resolution Requiring Company to Fully Disclose Information about REIT Conversion
Loaded on May 15, 2013
published in Prison Legal News
May, 2013, page 32
Previously, PLN reported that both Corrections Corporation of America (CCA) and GEO Group, the nation’s two largest private prison companies, were converting their corporate structure into real estate investment trusts (REITs), primarily to benefit from the tax advantages that REITs provide. [See: PLN, Jan. 2013, p.42].
Filed under:
Corrections Corporation of America/CoreCivic,
Misconduct/Corruption,
Contractor Misconduct.
Location:
United States of America.
Among other requirements, a ...
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