- Corrections Corporation of America (NYSE:CXW) agrees with Immigration and Customs Enforcement to house up to 2.4K individuals at the South Texas Family Residential Center leased by CCA in Dilley, Texas.
- The deal is expected to start next month with a term of up to four years.
- Thanks to start-up costs, the transaction is forecast to cut EPS by $0.02-$0.04 this year.
CCA makes deal amid border crisis
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