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The Federal Trade Commission announced final approval...

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Times Staff and Wire Reports

The Federal Trade Commission announced final approval of Boeing Co.’s acquisition of the defense and aerospace units of Rockwell International Corp. . . . British engineering giant GKN said it would appeal a U.S. court order to pay $601 million in damages for misusing advertising fees paid by its Meineke Discount Mufflers franchisees in the U.S. . . . BankAmerica Corp. put its consumer finance business, Security Pacific Financial Services, up for sale, the latest step in a push to unload poorly performing ventures. . . . Apple Computer Inc. said Robin Abrams, acting head of worldwide sales, resigned from the company. . . . The Federal Trade Commission is set to meet Monday to discuss Staples Inc. proposed purchase of bigger rival Office Depot Inc., which the agency’s staff has said would harm competition in the growing industry for office supplies.

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