The board of directors of GTSI Corp. has again rejected an unsolicited takeover proposal by Eyak Technology LLC to acquire GTSI for $7.00 per share in cash. GTSI initially rejected the $7-a-share offer Aug. 30, two weeks after Eyak, an Alaska Native-owned small business, made the proposal.
Eyak Technology LLC has made a new merger proposal to acquire all outstanding capital stock of GTSI Inc. for $7.00 a share in cash, the Alaska Native-owned small business announced today. The proposal represents a premium of 35.1 percent over GTSI’s closing market price on Friday.
GTSI Corp. has joined forces with Terremark Worldwide to deliver enterprise cloud services to government agencies looking for infrastructure as a service.
Jim Leto is stepping down Feb. 15, after four years as chief executive officer at GTSI Inc. He is being succeeded by Scott Friedlander, who is also company president and chief operating officer.
Career or political? Buying power or not? Different CIOs have different levels of authority, and sales pitches need to be tailored accordingly.
GTSI Corp.’s Scott Friedlander discusses his future and that of the company he will soon lead when Jim Leto steps down as chief executive officer on Feb. 15.
GTSI Corp.’s Jim Leto will step down as chief executive officer on Feb. 15, the end of his current contract. He will be succeeded as president and CEO by Scott Friedlander.