Nestle Holdings said it has accepted for...

Nestle Holdings said it has accepted for payment all shares of Los Angeles-based Carnation Co. tendered . . . Standard & Poor’s lowered the senior debt rating of Warner Communication to double-B-plus from triple-B-minus and its subordinated debt rating to double-B-minus from double-B-plus . . . G. Heileman Brewing said that it had extended until midnight EDT on Friday, Jan. 18, its $11-per-share cash tender offer for any and all shares of Pabst Brewing . . . Beverly Hills-based American Medical International said that it will operate the Houston Cardiovascular Rehabilitation Center as a joint venture with its founder, Dr. Lysle H. Peterson.