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Corrections Corporation of America Message Board

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  • r7ualj r7ualj Nov 19, 1999 10:18 AM Flag

    Blew Thru $9

    Besides the tax liability that would be incurred
    and the re-structuring costs, PZN would also be in
    danger of defaulting on some of its loans since they
    were provided on a REIT basis.

    Another option
    could be for PZN to drop Doc's companies (i.e., the CCA
    brandname OPCOs) and become a real REIT.

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