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Geo Group commits $70M to expand detention capacity; David Donahue named new CEO (GEO:NYSE)

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The Geo Group (NYSE:GEO) is deploying $70M in capital expenditures to bolster the prison REIT’s capabilities to deliver expanded detention capacity, secure transportation, and electronic monitoring services to U.S. Immigration and Customs Enforcement (“ICE”), it said on Monday.

And, with the

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