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Wells Fargo & Co. said it has...

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From Times Staff and Wire Reports

Wells Fargo & Co. said it has completed the purchase of Glendale-based Valley National Bank for about $55 million, or $30 per share . . . Atlanta-based Turner Broadcasting System said the Commerce and Treasury departments have agreed to allow the company to deliver its 24-hour cable TV news channel to Vietnamese Television . . . MGM Grand Inc. officially took over the Marina Hotel in Las Vegas, the first step in the company’s ambitious plan to build a $700-million movie and entertainment theme park and 5,000-room resort on the prime piece of Strip land.

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