Private prison company sells two of California’s immigrant detention centers to the feds
The Department of Homeland Security has purchased two California immigrant detention centers from CoreCivic for $1.5 billion.
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📍 How it ended
The DHS purchased two privately-owned California immigrant detention centers from CoreCivic for $1.5 billion. This acquisition included the Otay Mesa Detention Center and was intended to increase ICE deportation capacity.
Epilogue added 17d ago, after coverage quieted.
The brief
The Department of Homeland Security (DHS) has acquired two privately owned immigrant detention centers in California for $1.5 billion. One of the facilities involved in the deal is the Otay Mesa Detention Center, which was sold by the private prison company CoreCivic.
Coverage from Fox News indicates the purchase is intended to boost ICE deportation capacity. However, Mother Jones reports that the spending is aimed at blocking ICE oversight.
Other outlets reporting on the acquisition include the Los Angeles Times, CalMatters, the Fresno Bee, and NBC 7 San Diego. Financial analysis from Zacks focuses on the positive takeaways of the asset sales for CoreCivic (CXW) and an increase in valuation expectations.
Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 17d ago.
Quick answers
How much did the federal government pay for the centers?
The purchase price was $1.5 billion.
Which private company sold the facilities?
CoreCivic sold the detention centers.
Which specific facility was mentioned in the reporting?
The Otay Mesa Detention Center was identified as part of the deal.
Coverage (9)
- DHS buys two California migrant detention centers for $1.5B to boost ICE deportation capacity Fox News · 20d ago
- DHS Is Spending $1.5 Billion to Block ICE Oversight Mother Jones · 20d ago
- DHS buys two California immigrant detention centers for $1.5 billion Los Angeles Times · 20d ago
- Private prison company sells two California ICE detention centers to the feds cbs8.com · 20d ago
- CoreCivic sells Otay Mesa Detention Center for billion-dollar deal NBC 7 San Diego · 20d ago
- CXW: Positive Takeaways of Asset Sales; Raising Valuation Expectation scr.zacks.com · 20d ago
- Feds buy two privately-owned California ICE detention centers for $1.5B Fresno Bee · 20d ago
- CoreCivic sells Otay Mesa Detention Center to Federal government in $1.5 billion deal 10News.com · 20d ago
- Private prison company sells two of California’s immigrant detention centers to the feds CalMatters · 20d ago
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