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Eli Lilly & Co. said its board...

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Eli Lilly & Co. said its board adopted an anti-takeover measure involving the distribution of preferred stock purchase rights to common stock shareholders . . . De Laurentiis Entertainment Group Inc. extended its exchange offer for 12.5% senior subordinated notes, due 2001 to 6 p.m. EDT, Aug. 11 . . . The Federal Reserve said the average yield for one-year T-bills, the most popular index for making changes in adjustable rate mortgages, rose to 7.79% last week, up from 7.62% the week before.

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