Privatized prison operator GEO Group has withdrawn its foundation’s proposed $6-million gift to Florida Atlantic University. Students apparently did not feel comfortable with the naming rights attached to the gift, which would have put GEO’s name on their sports arena. GEO has been desperately trying to keep its Wikipedia entry clean of a rehash of all the deaths and charges of abuse that took place in its prisons, but unfortunately for them, Wikipedia knows how to resist such things and also, if there’s one thing college students know how to do, it’s “read Wikipedia.”
GEO Group’s stock was up 12 cents this morning, reaching its highest prices since the firm went public. Year over year, the stock has climbed from $19 to over $37. Have a nice day!