Oak Forest, Ill.-based Grabill Aerospace Industries will...

Oak Forest, Ill.-based Grabill Aerospace Industries will acquire Fruehauf Corp.’s aerospace operations for about $172 million, the two companies announced . . . Los Angeles-based Union Federal Savings & Loan Assn. announced the formation of its holding company, UnionFed Financial Corp. . . . The Investment Company Institute reported that the assets of the nation’s 384 money market mutual funds fell $98.2 million in the week ended June 24.