Corrections Corporation of America (CXW) Awarded Contract From Arizona Department of Corrections

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Corrections Corporation of America (CXW) Awarded Contract From Arizona Department of Corrections

September 6, 2012 4:08 PM EDT

CCA (Corrections Corporation of America) (NYSE: CXW) received an award from the Arizona Department of Corrections to house up to 1,000 medium-security inmates at CCA's Red Rock Correctional Center in Arizona.

The new management contract contains an initial term of ten years, with two... More