OTHER NEWS - May 5, 1992
From Times Staff and Wire Reports
General Motors Corp., which last week reported its first quarterly profit in 18 months, said it would maintain its quarterly dividend on its common stock at 40 cents a share. . . . Torrance-based Leiner Nutritional Products Corp. said it completed its previously announced merger with PLI Investors Inc. in a transaction valued at about $77 million. . . . Nabisco Food Groups, a unit of RJR Nabisco Inc., announced the purchase of the trademarks and other assets of the New York Style Bagel Chip Co. for undisclosed terms. . . . The Federal Reserve reported that the average yield for one-year T-bills, the most popular index for making changes in adjustable rate mortgages, rose to 4.34% last week, up from 4.32% the week before.
