Geo Group Surges After Report That U.S. Crime Bill Is DeadDaniel Taub and Steven T. Dennis
Shares of private-prison operator climb as much as 13%
McConnell’s spokesman won’t rule out moving forward with bill
Geo Group Inc., an operator of private prisons, surged as much as 13 percent following a report that a criminal-justice overhaul bill that would have reduced federal mandatory minimum sentences was effectively dead in the U.S. Senate.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.