GTSI Corp. [GTSI], still reeling from a Small Business Administration (SBA) investigation begun in 2010 into its alleged use of small businesses to obtain federal contracts, said last week that it has agreed to be acquired by global information technology company UNICOM Systems for about $77 million in cash. The pending acquisition, which is expected to close in the second or early third quarter of 2012, calls for UNICOM to acquire GTSI’s outstanding shares of common stock for $7.75 per…
UNICOM Systems To Acquire GTSI For $77 Million
Defense Daily Staff
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