The proposed $1.1-billion acquisition of Northwest Industries...

The proposed $1.1-billion acquisition of Northwest Industries by an investors group has been called off . . . First Interstate Bancorp said it has acquired Olympic Bank of Everett, Wash., for undisclosed terms . . . G. Heileman Brewing reported that it had extended until 11 a.m. EST, Feb. 8, its cash tender offer for any and all outstanding shares of Pabst Brewing.