MGS Acquisitions’ $25-million deal for assets of...

MGS Acquisitions’ $25-million deal for assets of the bankrupt MacGregor Sporting Goods Inc. will close Thursday, MacGregor said . . . The Federal Reserve said the average rate for one-year T-bills, the most popular index for making changes in adjustable-rate mortgages, rose to 7.96% last week from 7.85% the week before . . . Baker Hughes Inc., Houston, reported that working domestic oil and gas rigs rose by 10 to total of 830 after slipping by five last week. A year ago, working rigs totaled 903.