Also ...

Sun Microsystems Inc. said it plans to buy Encore Computer Corp.’s storage business for about $185 million to enhance its product line. . . . Bank of New York Co. said it agreed to buy the institutional custody and Taft-Hartley custody businesses of Wells Fargo & Co. . . . Chula Vista-based Rohr Inc. reported earnings of $10.8 million, or 42 cents per share, for the third quarter of fiscal 1997 ended May 4, compared with net income of $4.1 million, or 19 cents per share, for the comparable quarter of the previous fiscal year. . . . Pasadena-based Alexandria Real Estate Equities Inc., a real estate investment trust, said its initial public offering of 6.75 million shares of common stock was priced at $20 per share.