ALSO

Santa Barbara-based Circon Corp. said its board of directors rejected a $193-million takeover offer by U.S. Surgical Corp. . . . Santa Barbara-based Tenet Healthcare Corp. said it completed its acquisition of Deaconess Incarnate Word Health System Inc., a private, not-for-profit St. Louis hospital operator, for $133.5 million. . . . Santa Clara-based Bay Networks Inc. said it will make its equipment compatible with U.S. Robotics Corp.’s 56K technology, giving the modem maker an important new ally in the battle for the high-speed-modem market. . . . Los Angeles-based Beachport Entertainment Corp. said its newly formed, wholly owned subsidiary, Royal Lipizzaner Stallions Inc., has completed the acquisition of 100% of the outstanding stock of Entertainment Specialists Ltd. . . . Alameda-based Ascend Communications Inc. said it completed its $2.8-billion purchase of Cascade Communications Corp., enabling the networking company to offer a wider array of products. . . . Mountain View-based Intuit Inc. and Redwood City-based Excite Inc. said they have completed their merger deal.