The GEO Group, Inc. Announces Offering of Common Stock

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GEO Group (GEO) Prices 6M Common Stock Offering at $41.75/Share

March 8, 2017 6:56 AM EST

The GEO Group, Inc. (NYSE: GEO) announced today that it has priced its previously announced underwritten public offering of 6,000,000 shares of its common stock at $41.75 per share. GEO has granted the underwriters a 30-day option to purchase up to 900,000 additional shares of common stock. GEO expects to receive total gross proceeds (before underwriting discounts and estimated offering expenses) of approximately $250.5 million, or... More