Directors of Fox & Co. have approved...

Directors of Fox & Co. have approved a merger with Alexander Grant & Co., creating the ninth-largest accounting firm in the nation . . . Glendale Federal S&L; said it completed the acquisition of Armco Financial for about $63 million . . . Occidental Petroleum and Ecopetrol, the Colombian national oil firm, said they’ve been authorized to grant a major contract to Bechtel Corp. for a 286-mile oil pipeline in northeast Colombia . . . Eastman Kodak said it has extended its offer to acquire shares of common stock of Verbatim Corp. until 10 a.m., EDT, May 3.