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OTHER NEWS - Dec. 30, 1995

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Times Staff and Wire Reports

Ex-Barings Bank trader Nick Leeson said he won’t appeal his six-year prison sentence, which he is serving in Singapore. . . . General Motors Corp.’s proposed spinoff of Electronic Data Systems Corp. got a boost from the Internal Revenue Service, which ruled that the transaction may be made on a tax-free basis. . . . ConAgra Inc. and Hormel Foods Corp. said they agreed to pay $21.1 million to settle lawsuits alleging that they conspired with other food companies for more than a decade to fix prices on processed catfish.

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