Comtech (CMTL) +7.8% premarket, a day after Reuters reported several government contractors had...

|About: Comtech Telecommunications ... (CMTL)|By:, SA News Editor

Comtech (CMTL) +7.8% premarket, a day after Reuters reported several government contractors had expressed interest in a possible acquisition of the communications equipment maker. CMTL reportedly is working with Goldman Sachs for strategic advice in response to pressure from hedge fund MMI Investments.