Shareholders of Torrance-based answering machine pioneer PhoneMate...

Shareholders of Torrance-based answering machine pioneer PhoneMate approved acquisition by Japanese firm Asahi for $7.50 a share in cash . . . IMA Acquisition Corp. extended its tender offer for American Medical International, Beverly Hills, to midnight, EDT, Sept. 27. The company said about 40.4 million of AMI’s shares had been tendered . . . Wells Fargo & Co. and Glendale-based Valley National Bank signed a definitive agreement that provides for Wells Fargo to acquire Valley National for about $55 million in cash.