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Corrections Corporation of America Message Board

  • a few random observations:

    EBITDA: The
    number was foretold by the information in the 10-K and
    therefore shouldn't be a surprise.

    Lawsuits: The
    language referring to these was slightly different. The
    10Q said they they must be settled for an amount
    covered by PZN's insurance instead of referring to the
    possibility of buying additional cover.

    Preferred
    Dividend: I think I saw a statement that it will not be
    paid again until the rights offering is
    completed.

    Exceptional Costs: I didn't see an estimate of the advisory
    and other special costs being incurred due to the
    company's condition.

    CCA revenues: Grew from 4Q in
    spite of all the problems.

    Deal: There was more
    detail about the roll-over of the bank facility. HSR
    clearance should come very soon and then a proxy can be
    filed.

 
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27.29-0.28(-1.02%)Feb 12 4:02 PMEST