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The GEO Group Sells the Adelanto, California ICE Processing Center Complex Comprised of Three Facilities Totaling 2,644 Beds for $950 Million and Increases Share Repurchase Authorization to $1.25 Billion

The GEO Group, Inc. (NYSE:GEO) ("GEO" or the "Company") announced today that the Company has completed the sales of its 1,280-bed Adelanto West ICE Processing Center ("Adelanto West"), 660-bed