Short Reports

Washington Mutual Inc. has agreed to a $1.5 billion stock-swap purchase of Bank United Corp., the largest publicly traded financial institution based in Texas, the banks announced.

Whitman Corp., the nation’s second-largest Pepsi-Cola bottler agreed to acquire the third-largest, Minneapolis-based PepsiAmericas Inc., for $331.7 million in stock and cash. The agreement also calls for Whitman, based in suburban Rolling Meadows, Ill., to assume $331 million in PepsiAmericas debt.