Days Inns Corp.’s board announced that it...

Days Inns Corp.’s board announced that it had approved a revised offer, worth about $161.5 million, from Reliance Capital Group for all of the lodging concern’s common stock that Reliance does not already own . . . New York investor George Soros and Quantum Fund N.V., an investment fund he manages, said they have raised their combined holdings in A.H. Robins Co. to 6.4% of the common shares outstanding . . . Eastman Kodak Co., after more than a decade of development, entered the color copier market with two models aimed at capturing a share of what is expected to be a $2-billion market by the 1990s . . . The Navy officially awarded a $4.38-billion contract to General Dynamics Corp. and McDonnell Douglas Corp. to jointly develop its new advanced tactical aircraft. The joint program was announced last month . . . News Corp. has bought a 4.9% stake in Pearson PLC, a British holding company, from the French firm Cerus BV, raising News Corp.’s share of Pearson to 19.8% . . . Peter Guber and Jon Peters, owners of Guber-Peters Co., and Burt Sugarman, chairman of Barris Industries Inc., Beverly Hills, announced that their companies have completed their previously reported merger