GEO retained Skadden, Arps, Slate, Meagher & Flom LLP and Akerman Senterfitt as legal advisors, Bank of America Merrill Lynch and Barclays Capital as financial co-advisors, and Deloitte, LLP as accounting advisors to assist in GEO’s REIT conversion. The opinion of Skadden, Arps, Slate, Meagher & Flom LLP was based on various assumptions relating to GEO’s organization and operation, and was conditioned upon fact-based representations made by GEO’s management regarding GEO’s organization, assets, and income, and the present and future conduct of GEO’s business operations.About The GEO Group, Inc.
The GEO Group Receives Favorable Private Letter Ruling From Internal Revenue Service; Elects REIT Status And Declares First Quarterly REIT Cash Dividend Of $0.50 Per Share
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