A group led by Minneapolis investor Irwin...
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A group led by Minneapolis investor Irwin A. Jacobs said in an SEC filing that it has raised its stake in Shaklee Corp. to 11.73% of the company’s stock outstanding, from 9.71% . . . Cox Enterprises has signed an agreement to sell KDNL-TV in St. Louis to Better Communications for an undisclosed price . . . UnionFed Financial Corp. announced that its primary subsidiary, 62-year-old Union Federal Savings & Loan Assn., will be known as Union Federal Savings Bank . . . Torrance-based PhoneMate Inc. said its directors approved a previously announced merger agreement with Asahi Corp. PhoneMate shareholders will vote on the agreement in April or May . . . Wilshire Center Bancorp, the bank holding company for Wilshire Center Bank, said an agreement to be acquired by Abdullah S.A. Kamel of Saudi Arabia had been terminated by Kamel because certain issues could not be resolved to Kamel’s satisfaction.
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