McCormick & Co. has agreed to sell...

McCormick & Co. has agreed to sell McCormick Properties Inc., its real estate unit, for about $550 million to a joint venture of Rouse Co. and Teachers Insurance & Annuity Assn. . . . Griffin Co. extended to Sept. 16 its $36-a-share tender offer to purchase all Class A common stock of Resorts International Inc. . . . A group of investors led by Mishal Y. Al Sabah, a Kuwaiti investor, boosted its stake in Los Angeles-based Prism Entertainment Corp. to 8.4% from 5.9% . . . Rosewood Financial Partners increased its stake in First Executive Corp., Los Angeles, by 1.2% to 7.5%.