A group led by Minneapolis investor Irwin...
A group led by Minneapolis investor Irwin A. Jacobs said in an SEC filing that it raised its stake in Shaklee Corp. to 9.71% from 8.46% . . . A federal judge said he would continue to block MAI Basic Four Inc.’s $1.3-billion offer for Prime Computer Inc. because Drexel Burnham Lambert Inc., which is helping to finance the bid, did not provide all the information sought by the court . . . National Medical Enterprises Inc. of Los Angeles, through its Psychiatric Institutes of America subsidiary, announced that it acquired Pine Grove Hospital, an 82-bed psychiatric hospital in Canoga Park, from Nu-Med Inc. of Encino for undisclosed terms.
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