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San Bernardino-based Business Bank of California said shareholders have approved its merger with High Desert National Bank for $3.9 million in cash, subject to certain adjustments. . . . Sunnyvale-based Sandisk Corp., a maker of flash-memory products for computers, filed to sell 3 million common shares in hopes of raising $78 million to finance company growth, according to a filing with the SEC. . . . Woodland Hills-based Turbodyne Technologies Inc., which makes high-performance products for auto and industrial engines, said Walter Ware was promoted to chief operating officer and executive vice president. . . . Nashville-based Corrections Corp. of America said it plans to build a 2,304-bed, $94-million medium-security prison in California City.

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