American Brands Inc. announced that its Franklin...

American Brands Inc. announced that its Franklin Life Insurance Co. unit has completed the sale of Southland Life Insurance Co. to Georgia U.S. Corp., a subsidiary of Nationale-Nederlanden N.V., for a final price of about $433.5 million in cash . . . Tyson Foods Inc. has extended its $63.50 cash tender offer for all outstanding shares of Holly Farms Corp. until 5 p.m. EST May 5 . . . Chicago-based department store chain Carson Pirie Scott & Co. announced that it had received a $282-million takeover offer from Milwaukee-based competitor P.A. Bergner & Co.