CoreCivic (CXW) announced that it has agreed under an amended intergovernmental services agreement between the City of Dilley, Texas, and U.S. Immigration and Customs Enforcement – ICE – to resume operations and care for up to 2,400 individuals at the South Texas Family Residential Center in Dilley, Texas . Simultaneously, CoreCivic has entered into a new lease agreement with Target Hospitality Corporation, the owner of the facility, over a period co-terminus with the ICE agreement.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CXW: