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Tegal Corp. (TGAL) Surged To A New High After Acquisition

Tegal Corp. (TGAL) announced Monday morning that it signed a definitive agreement to acquire privately held CollabRx Inc.

Tegal Corp. climbed sharply in the first hour of trade Monday and finished up by 1.58 at $5.18 on the highest volume of the year. The stock broke out past resistance and set a new high for the year.

by RTTNews Staff Writer

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