California First Bank announced that it has...

California First Bank announced that it has received final regulatory approvals from the California State Banking Department and the Federal Reserve for its acquisition of Los Angeles-based Union Bank . . . Odyssey Entertainment Ltd., New York, announced that its shareholders approved a 1-for-25 reverse split of its common stock reducing the number of outstanding shares to about 4.4 million from 108.8 million . . . Griffco Acquisition Co., a wholly owned subsidiary of Griffin Co., said it has extended the expiration day of its offer to purchase Resorts International common stock until 11:59 p.m., EDT Friday . . . The New York Stock Exchange said a seat was sold on the exchange for $580,000, down $20,000 from the last sale Aug. 30.