The Corrections Corporation of America believes the economic crisis has created an opportunity to become landlord, as well as manager, of a chunk of the American prison gulag.
April 29, 2012
The nation’s largest private prison company, the Corrections Corporation of America, is on a buying spree. With a war chest of $250 million, the corporation, which is listed on the New York Stock Exchange, earlier this year sent letters to 48 states, offering to buy their prisons outright.
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