Touchstone to Adopt Shareholder Rights Plan

Touchstone Software Corp. plans to adopt a shareholder rights plan that can be exercised if a person or group acquires 15% or more of the company’s stock without board approval. A company spokesman said the plan, which will be in place Oct. 5, was not a response to any takeover bid. The company said rights will be issued to holders of record Oct. 4, 1996, as a dividend and will expire Sept. 26, 2006.