Finkelstein Thompson LLP Announces Investigation of Cornell Companies Inc.

Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Cornell Companies Inc. (“Cornell” or the “Company”) (NYSE: CRN) arising from the Company’s announcement of its intent to sell the Company to The GEO Group Inc. Under the terms of the agreement, Cornell shareholders will have the option to receive either (x) 1.3 shares of GEO common stock for each share of Cornell common stock or (y) an amount of cash consideration equal to the greater of (i) the fair market value of one share of GEO common stock plus $6.00 or (ii) the fair market value of 1.3 shares of GEO common stock.

The investigation is focused on the potential unfairness of the price to Cornell’s shareholders and the process by which the Cornell Board of Directors considered and approved the transaction. Indeed, Cornell’s stock was trading as high as $25.13 on January 14, and one analyst set a price target for Cornell stock at $29 per share.

If you are interested in discussing your rights as a Cornell shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at This email address is being protected from spam bots, you need Javascript enabled to view it