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Times Staff and Wire Reports

Palo Alto-based SyStemix Inc. said its independent directors rejected Sandoz Ltd.’s unsolicited offer to acquire the rest of the research company for about $67 million. . . . Saudi billionaire investor Prince al-Waleed bin Talal and Kingdom Entertainment, the company he jointly owns with U.S. pop star Michael Jackson, acquired 50% of Hollywood’s Landmark Entertainment Group. . . . Van Nuys-based N.U. Pizza Corp. said it has licensed a Philippine group headed by Ed Abad to open 35 Numero Uno restaurants in the Philippines.

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