From Seekingalpha · Jordan Aquilina · · 30s
Government Buys CoreCivic Buildings
US government acquires CoreCivic's facilities while keeping operations.
In brief
US government acquires CoreCivic's facilities while keeping operations. US government purchases CoreCivic's buildings at $307,000 per bed to maintain operations. Originally reported by Seekingalpha.
Government buys CoreCivic buildings
US government acquires CoreCivic's facilities at $307,000 per bed.
CoreCivic cuts debt and repurchases shares
CXW halved debt and repurchased 12.5% of shares using monetized facilities.
Revenue and margin changes
Q2 2026 revenue surged 27.3% YoY with ICE contracts and facility reopenings.
Here's the gist
US government purchases CoreCivic's buildings at $307,000 per bed to maintain operations.
