PR Newswire: news distribution, targeting and monitoring
2014

Eyak Technology, LLC Announces Withdrawal of Proposal to Acquire GTSI Corp.

Share with Twitter Share with LinkedIn

DULLES, Va., Oct. 4 /PRNewswire/ -- Eyak Technology, LLC (EyakTek) today announced that it has withdrawn its $7.50 per share in cash proposal to acquire all of the outstanding capital stock of GTSI Corp. (Nasdaq: GTSI).  On September 30, 2010, GTSI indicated in a letter to EyakTek that GTSI was not interested in pursuing the proposal.

On October 1, 2010, the United States Small Business Administration (SBA) suspended GTSI from receiving any future contract awards from the federal government.  EyakTek said it was withdrawing its proposal to acquire GTSI in order to carefully evaluate the effect of the SBA's action upon GTSI.  

EyakTek is an Alaska Native-owned small business that provides award-winning solutions in infrastructure and security systems, communications, information technology, and healthcare services.  As a recognized leader in the industry, EyakTek has consistently been ranked as one of the Top 100 Federal Contractors.

SOURCE Eyak Technology, LLC



RELATED LINKS
http://www.eyaktek.com

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 
Area to test

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release