Cornell Companies to Release Second Quarter 2010 Financial Results on Thursday, August 5, 2010
July 26 2010 - 5:00PM
Cornell Companies, Inc. (NYSE:CRN) announced today
that it plans to release second quarter 2010 financial results and
a Company update on Thursday, August 5, 2010, before the New York
Stock Exchange trading day begins. Due to the previously announced
agreement and plan of merger between Cornell, The GEO Group, Inc.
("GEO") and GEO Acquisition III, Inc., pursuant to which Cornell
will become a wholly owned subsidiary of GEO, the Company will not
host a conference call regarding its financial results for the
second quarter of 2010. The special meeting of Cornell stockholders
to consider and adopt the agreement and plan of merger will take
place on Thursday, August 12, 2010 at 10:00 a.m. (Central Time) at
the executive offices of Cornell located at 1700 West Loop South,
Suite 1500, Houston, Texas 77027.
About Cornell Companies
Cornell Companies, Inc. (http://www.cornellcompanies.com) is a
leading private provider of corrections, treatment and educational
services outsourced by federal, state and local governmental
agencies. Cornell provides a diversified portfolio of services
for adults and juveniles, including incarceration and detention,
transition from incarceration, drug and alcohol treatment programs,
behavioral rehabilitation and treatment, and grades 3-12
alternative education in an environment of dignity and respect,
emphasizing community safety and rehabilitation in support of
public policy. At June 30, 2010, the Company had 68 facilities
in 15 states and the District of Columbia and a total service
capacity of 21,392.
The Cornell Companies, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=1468
CONTACT: Cornell Companies, Inc.
Charles Siegel, Vice President, Public Policy
(713) 623-0790
Cornell (NYSE:CRN)
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