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The GEO Group, Inc. Message Board

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  • fivekill fivekill May 2, 1998 9:17 PM Flag

    WHC 1997 Annual Report

    When, i stated that whc would not merge with
    their reit,
    this was not my opinion . This was a
    statement made
    by the CEO, of whc.. but anything can
    happen down the road.
    As far as cca merger is
    concerned the problem is not so much
    as cca becoming a
    reit that may not be such a bad thing.
    THE problem
    is that i as well as other finacial analyst
    have
    pointed out and is also the cause of a number of class
    action
    suites that have been filed is that CCA share
    holders are not
    being fairly compensated in the deal..
    CCA, DIRECTORS
    and board members are forming two
    private management
    companies , one of which we will
    not be compensated for at all
    as the lawsuite
    states..i wll post more on cca board...

 
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