MicroTouch Soars  37% on 3M Takeover

MicroTouch Systems ( MTSI) was up 37% in preopen Island trading after saying it agreed to be purchased by 3M ( MMM). 3M will buy between a majority and 100% of MicroTouch, a maker of touch-screen displays, for $21 per share cash. The stock closed Monday at $14.88.

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