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Wackenhut Corp & Group 4 Falck A/S	Update Date: 12/19/08
Date Announced: 03/08/02
Value (million $USD): 539.3 million U.S. Dollar

Status: Completed

TRANSACTION DETAILS
Date Announced	03/08/02
Date Originally Announced	03/08/02
Format	Merger	Acquisition techniques	Not Applicable
Attitude	Friendly	Agency	Danish Competition Authority; Competition Commission (UK); UK Office of Fair Trading
Value	539.3 million U.S. Dollar	Advisor Fees	n/a

SYNOPSIS
US - Group 4 Falck A/S acquired all the outstanding common stock of Wackenhut Corp (WHC), a provider of security, correctional, and flexible staffing services, for $33 per share, or a total value of $539.321 mil. Moreover, the transaction included WHC's 57% interest in Wackenhut Corrections Corp.

TARGET
Name	Wackenhut Corp (WAK)
Industries	Security systems services; Facilities support management services
City	Palm Beach Gardens
State	FL
Nation	United States
Incorporated in	FL
Public Status	Public
Business Description	Provide security, correctional, and flexible staffing services, including base operations, facility management, fire and emergency medical services and food service to private and publicly managed correctional facilities, central station monitoring, cash-in-transit, satellite tracking of vehicles and cargo, building maintenance, personnel employee leasing, payroll processing and human resource services
Advisors	Salomon Smith Barney
Target Sales	2.81 billion U.S. Dollar

ACQUIROR
Name	Group 4 Falck A/S (Copenhagen : FALCK)
Industries	Offices of holding companies, nec
City	Copenhagen
State	n/a
Nation	Denmark
Incorporated in	n/a
Public Status	Public
Business Description	Investment holding company specializing in companies providing safety and security services
Advisors	Lehman Brothers International; UBS Warburg
Acquiror Sales	2.52 billion U.S. Dollar 21.04 billion Danish Krone

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