Business news in brief

Verizon Wireless won final U.S. clearance to buy unused airwaves from cable providers led by Comcast Corp., of Philadelphia, as the Federal Communications Commission voted 5-0 to approve the $3.6 billion purchase, agency officials said. The vote, described by two officials who declined to be identified because the action hasn't been made public, clears the way for a partnership between the biggest U.S. wireless provider and top cable companies including No. 1 Comcast and the second-largest, Time Warner Cable Inc. The transaction and accompanying cooperation pacts won antitrust approval Aug. 16 from the Justice Department. Spokesmen Mark Wigfield of the FCC and Sena Fitzmaurice of Comcast declined to comment. Ed McFadden, a Verizon spokesman, didn't immediately respond to a telephone call and e-mail. Verizon agreed to sell some airwaves and to accelerate building out some frequencies as it sought regulatory approval. - Bloomberg News

Health Care REIT Inc., of Toledo, Ohio, said it had agreed to buy Sunrise Senior Living Inc., which has 14 sites within 30 miles of Center City, for $14.50 a share in cash, or $1.3 billion. Health Care REIT also owns the real estate of Genesis Healthcare Corp., a Kennett Square operator of nursing homes and rehabilitation facilities, and Brandywine Senior Living, a Moorestown assisted living company. Sunrise is based in McLean, Va. - Harold Brubaker

Malvern Federal Bancorp Inc. said it planned to sell 2.34 million to 3.16 million shares of common stock for $10 per share as part of its conversion from a mutual savings bank to one owned by stockholders. The Paoli bank, with nine offices, had $538 million in deposits and $466 million in net loans on June 30. The bank scheduled a community meeting on Sept. 10 at 7 p.m. at the Sheraton Great Valley Hotel in Frazer to discuss the conversion and the offering. - Harold Brubaker

Siemens Healthcare agreed to buy the assets of Penrith Corp., a Plymouth Meeting manufacturer of ultrasound imaging systems, with an emphasis on smaller systems that can used in emergency departments, mobile hospitals used in the military, or triage centers used for natural disasters. The price was not disclosed, but Siemens said that all of Penrith's roughly 20 employees would be offered jobs at Siemens. Penrith was founded in 2005. The company has raised $4.63 million in equity and debt since 2007, according to FormsD.com, an investment-tracking site. - Harold Brubaker

An Indian subsidiary of Lionville-based West Pharmaceutical Services Inc. broke ground for a compression molding facility in Sri City, India, to produce metal and elastomeric pharmaceutical components for customers in India and the wider Asia Pacific region, the company said. The facility will be completed in three phases with completion planned for 2023. West had sales of $1.2 billion in 2011. - Inquirer staff

Nine primary care physicians' practices in South Jersey are participating in an initiative that will pay them an average of $20 month per Medicare fee-for-service beneficiary to support enhanced, coordinated services, the federal government's Center for Medicare and Medicaid Innovation said. The goal is to improve quality and reduce costs. Overall, 73 primary care locations in New Jersey were selected to participate in the program, which is being launched this fall in seven regions around the country. Nationwide, 500 practices were selected for the program. The Medicare center estimated that the initiative would reach 300,000 Medicare beneficiaries, including 42,000 in New Jersey. - Harold Brubaker

Broadview Networks Inc., a provider of phone, Internet and data services for businesses, sought bankruptcy after shifting technology trends and economic conditions made it unable to refinance its debts. Broadview Networks acquired ATX Communications Inc., a King of Prussia provider of business telecommunications services, in 2006. The company listed debt and assets of as much as $500 million in Chapter 11 documents. Debts include $335 million under a senior secured note facility and Broadview plans to complete a reorganization that will repay those note holders by giving them stock in a new company. - Bloomberg News

Cardone Industries, a Philadelphia company that refurbishes used auto parts, named Kevin Cramton to succeed Michael Cardone Jr. as chief executive, the company said. Cramton, a 25-year automotive industry veteran was most recently with Revstone Industries L.L.C., a Southfield, Mich., automotive parts manufacturer. Early this year, the Cardone family canceled plans to sell the business to TPG Capital L.P. Cardone employs 5,600, including about 2,000 in Philadelphia. - Harold Brubaker

After sliding off the menu of cellphone plans, unlimited data plans with no caps are making a comeback at smaller wireless companies trying to compete with AT&T and Verizon. T-Mobile USA, the nation's fourth-largest cellphone company, said it will start selling an unlimited-data plan again on Sept. 5, after stopping sales of such plans early last year. A day earlier, No. 5 carrier MetroPCS cut the price of its unlimited-data plan as a promotion for a limited time. The moves by T-Mobile USA and MetroPCS, neither of which sells the iPhone, come as their three larger rivals are thought to be gearing up to begin selling the iPhone 5 in a month or so. - AP

PayPal is expanding its brick-and-mortar payment services to more than 7 million stores across the U.S. in a partnership with Discover Financial Services. EBay Inc.'s payments unit said that retailers that take Discover cards will be able to process PayPal payments beginning next year. People will be able to pay using PayPal cards and later, mobile devices. The move marks the latest step in PayPal's push into traditional retailers as it expands from offering online payments. - AP