• December 21, 1998
    NASHVILLE, Tenn., Dec. 21 /PRNewswire/ -- Corrections Corporation of America (NYSE: CCA) announced today that it is buying the contract rights to manage a 480-bed, medium-security prison in Laredo, Webb County, Texas from Bobby Ross Group. The $600,000 deal is set to close on December 28.
  • December 7, 1998
    NASHVILLE, Tenn., Dec. 7 /PRNewswire/ -- Corrections Corporation of America (NYSE: CCA) announced today that it will design, build, finance and operate a 1,524-bed, medium-security prison in McRae, Georgia. The prison will house county and state inmates from within Georgia and is expected to
  • December 1, 1998
    NASHVILLE, Tenn., Dec. 1 /PRNewswire/ -- Corrections Corporation of America (NYSE: CCA) announced that the company's shareholders approved its proposed merger with Prison Realty Trust (NYSE: PZN) at a special meeting held today in Nashville. The Prison Realty Trust shareholder meeting to consider
  • November 20, 1998
    NASHVILLE, Tenn., Nov. 20 /PRNewswire/ -- Corrections Corporation of America (NYSE: CCA) and Prison Realty Trust (NYSE: PZN) announced today that CCA has reached an agreement with shareholders who had filed a class-action complaint against the company regarding its proposed merger with PZN.
  • October 22, 1998
    NASHVILLE, Tenn., Oct. 22 /PRNewswire/ -- Corrections Corporation of America (NYSE: CCA) today announced net income for the third quarter of $21.1 million, up 54% from the third quarter last year and the equivalent of $.26 per basic and $.24 per diluted share.