Everest & Jennings International reported that escrow...

Everest & Jennings International reported that escrow has closed on the sale of about seven acres of land owned by the company in West Los Angeles to Bren Investment Properties at a price of $26 million in cash and notes . . . Wickes Cos. reported that it has entered into a definitive agreement for the purchase of three home centers in Las Vegas from Pay ‘n Save Inc. of Seattle . . . The parent union for meatpackers striking the Geo. A. Hormel & Co. in Austin, Minn., refused permission for picketing at the company’s other plants and told strike leaders that they are leading a “mass suicide” . . . The Investment Company Institute reported that the assets of the nation’s 363 money-market mutual funds rose $306.5 million in the week ended Jan. 15 . . . Honeywell said that it will lay off 250 workers at its large computer products division facility in Phoenix but that 150 workers may be offered jobs with Southwest General Industries of Vista, Calif. That company is negotiating the purchase of some of the Honeywell division’s assembly operations and inventory.