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CBS Inc. said it completed its $1.14-billion...

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From Times Staff and Wire Reports

CBS Inc. said it completed its $1.14-billion offer to purchase 3.5 million shares of its common stock. More than 12.6 million shares stock were tendered, meaning the offer will be prorated. . . . Williams-Sonoma Inc. of San Francisco declared a 3-for-2 stock split, payable Sept. 26 to shareholders of record Sept. 7. . . . Arlington, Va.-based Gannett Co. increased its quarterly common stock dividend to 34 cents from 33 cents, payable on Oct. 1 to holders of record Sept. 16.

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