Corrections Corp. holders Corvex, Marcato cease to be group

theflyonthewall.com

Corvex Management and Marcato Funds said in a regulatory filing that they believe Corrections Corp. is committed to pursuing Project REIT with the goal of achieving REIT status for calendar 2013. Both shareholders believe the Project REIT will enhance value for all of the company's shareholders. As such, they disclosed the termination of their letter agreement entered into on March 26, 2012, thereby ceasing to be a group.

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