Hoylake Investments Ltd. said it would appeal...

Hoylake Investments Ltd. said it would appeal a U.S. district judge’s denial of its motion for a preliminary injunction against the California insurance commissioner’s review of its proposed takeover of BAT Industries PLC, parent of Los Angeles-based Farmers Group Inc. . . . Dow Chemical Co. and United Technologies Corp. announced a joint venture to make plastics for the aerospace, defense and automotive industries; terms were not disclosed . . . The board of Woodland Hills-based Zenith National Insurance Corp. authorized the repurchase of up to an additional 1 million shares of its common stock . . . Los Angeles-based Kushner-Locke Co. has reached an agreement in principle to acquire Radio Vision International Inc., Los Angeles, for an initial $2 million in cash and stock, with additional payments to be based on performance over the next three years . . . Eastern Airlines said its $210-million sales agreement with Midway Airlines for planes, facilities and routes was approved by the bankruptcy court . . . First Executive Corp. said the Securities and Exchange Commission declared effective its distribution of rights to stockholders of record Sept. 11. Each holder will receive one right for each five common shares . . . Inland Steel Industries Inc. and Nippon Steel Corp. announced plans to spend $450 million to build two steel-coating lines at their nearly completed joint-venture plant in Indiana . . . Distributor Gruene Inc. of Los Angeles said it got an exclusive license to distribute a new hair treatment product to retail outlets in the United States . . . Blue Arrow PLC, the world’s largest employment services group, said the U.S. investment management concern Southeastern Asset Management Inc. has acquired a 7.16% holding in the company.