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Non-Tech : Corrections Corp. (CCA)

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To: Tulvio Durand who wrote (75)4/20/1998 1:39:00 PM
From: Platter  Read Replies (1) of 91
 
From briefing.com "T Corrections Corporation of America (CCA) 33 1/2: Prison management company and CCA Prison Realty Trust (PZN 40 1/8), a prison (REIT), announced today that they have signed a definitive agreement to merge. Under the terms of the agreement, holders of CCA common stock will receive .875 share of PZN common stock for each common share of CCA owned. Based on Friday's closing price, CCA shareholders will receive approx. $35.10 per share."....
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