GTSI (GTSI) +47.2% premarket after agreeing to be acquired by an affiliate of Unicom Systems through a cash tender offer at $7.75/share, a ~48% premium to Friday's closing price. GTSI is focused on selling IT products and solutions to U.S. federal, state and local governments.
GTSI (GTSI -38.9%) is the day's biggest decliner after Eyak Technology withdraws its bid for the IT-systems integrator upon an announcement from the Small Business Administration suspending GTSI from any future federal contracts. (PR)
Shares of GTSI Corp. (GTSI) are -43.7% premarket, after the Small Business Administration delivered notice late Friday that it was suspending GTSI from any future contract awards from the federal government. GTSI CEO Scott Friedlander says the gov't hasn't accused GTSI of any wrongdoing. (PR)