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The Independent UK
The Independent UK
World
Wendy Fry

Private prison giant gets $1.5 billion from DHS, keeps running ICE centers

DHS Ice CoreCivic Prison Immigration Tennessee

Private prison operator CoreCivic has completed the $1.5 billion sale of two of California's largest immigration detention centers to the Department of Homeland Security, the company announced Monday.

The deal, which closed July 2, is expected to generate about $1.1 billion in net proceeds for the Tennessee-based company.

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