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The GEO Group, Inc. Message Board

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  • PTangRing PTangRing Dec 17, 1999 7:16 AM Flag

    New Lows...Baby

    Could someone give me the basics of what happened
    with PZN. My quick read is that they first decided to
    separate into REIT to establish - 2 companies with
    dividend tax benefits going to those that need them. They
    did a quick 180 degree turn and merged
    again.

    Am I reading this wrong? What happened other than
    trying to get lawyers and accountants rich?

    Given
    that, is there a consensus as to the best way of making
    value in this industry? One company vs. the approach
    that WHC has taken of two companies.

    Thanks.

 
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