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Corrections Corporation of America Message Board

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  • flipper_58 flipper_58 Jan 12, 2000 11:55 AM Flag

    WHC price

    I don't think that would be a problem, just means
    Opco is now public. Normally this type transaction is
    called a "reverse shell". One other way to go public
    other than an IPO is for a private firm to buy a public
    firm/ or shell. Browning Ferris Industries (BFI) was a
    reverse shell. It's a lot cheaper to go public as a
    reverse shell than an IPO. Lawyers sell public shells for
    anywhere from $80k and up.

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