GTSI Adopts Shareholder Rights Plan (GTSI)

GTSI Corp. GTSI today announced its Board of Directors has adopted a Shareholder Rights Plan that is designed to encourage the fair and equal treatment of GTSI's shareholders in connection with any initiative to acquire effective control of the Company. The adoption of the Rights Plan is not intended to prevent a sale of control of the Company that is determined by the Board of Directors to be fair, advisable and in the best interests of all of the Company's shareholders. The Rights Plan is also intended to ensure that, in the context of a tender offer, the Board of Directors has sufficient time to explore and develop alternatives for maximizing shareholder value, to provide adequate time for competing transactions to emerge and to ensure that shareholders have an equal opportunity to participate in such a bid. The Rights Plan provides that, unless redeemed earlier by the Company, the Rights will expire on September 12, 2011.
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