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Calny Inc. completed its previously announced merger...

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Calny Inc. completed its previously announced merger with a unit of Taco Bell Corp., a subsidiary of Pepsico Inc. that already owned 32% of Calny’s common stock . . . Security Pacific Corp. announced that its acquisition of American Asian Bank, based in San Francisco, has been completed . . . Baker Hughes Inc. of Houston reported that five more oil and gas rigs were working in the United States than there were a week earlier, when there were 983. A year ago, the rig count was 801.

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