GEO Shares Rise 5% After $950 Million Adelanto Complex Divestiture to DHS
GEO Group sells its 2,644-bed Adelanto Complex to the Department of Homeland Security for $950 million, allocating $705 million in net proceeds for debt reduction.
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Straight from the SEC filing
Acquisitions, mergers and divestitures from SEC filings.
GEO Group sells its 2,644-bed Adelanto Complex to the Department of Homeland Security for $950 million, allocating $705 million in net proceeds for debt reduction.
ESCO Technologies (NYSE: ESE) closes its $2.3B acquisition of Megger Group, utilizing a mix of $922M cash and 5.1M shares to expand utility solutions footprint.
Flowco Holdings (FLOC) acquires Lifting Solutions for $113 million, expanding its artificial lift portfolio with continuous rod and PCP technology.
CareTrust REIT (CTRE) to acquire 45 UK care homes for $1.4 billion from LNT Care Developments, establishing a major senior housing operating portfolio platform.
onsemi amends its Synaptics acquisition to a $5.7 billion all-cash deal at $123 per share, targeting immediate EPS accretion and AI data center expansion.
Gentherm finalizes the $156 million acquisition of Modine’s Performance Technologies business through a Reverse Morris Trust, creating a thermal management leader.
Cardinal Infrastructure Group (CDNL) closes $115.0M acquisition of Allied Paving, adding $100M in standalone revenue and expanding self-perform capacity in Georgia.
Horace Mann Educators Corp (HMN) closes the $115 million all-cash acquisition of Employee Services LLC to expand well-being resources for US school districts.