Allergan has agreed to pay nearly $1 billion to acquire MAP Pharmaceuticals and gain full control of its experimental treatment for migraine headaches, the two companies announced Tuesday night.The purchase price of $25 a share in cash is a 60 percent premium over MAP’s closing price on Tuesday of $15.58 a share. The deal, valued at $958 million in total, suggests that Allergan has considerable faith...
The New Old Age Blog: Study Links Cognitive Deficits, Hearing Loss
Label: HealthThere’s another reason to be concerned about hearing loss — one of the most common health conditions in older adults and one of the most widely undertreated. A new study by researchers at Johns Hopkins Medicine suggests that elderly people with compromised hearing are at risk of developing cognitive deficits — problems with memory and thinking — sooner than those whose hearing is intact.The study...
The New Old Age Blog: Study Links Cognitive Deficits, Hearing Loss
Label: LifestyleThere’s another reason to be concerned about hearing loss — one of the most common health conditions in older adults and one of the most widely undertreated. A new study by researchers at Johns Hopkins Medicine suggests that elderly people with compromised hearing are at risk of developing cognitive deficits — problems with memory and thinking — sooner than those whose hearing is intact.The study...
DealBook: Microsoft May Back Dell Buyout
Label: TechnologyThe effort to take Dell private has gained a prominent, if unusual, backer: Microsoft.The software giant is in talks to help finance a takeover bid for Dell that would exceed $20 billion, a person briefed on the matter said on Tuesday. Microsoft is expected to contribute up to several billion dollars.An investment by Microsoft — if it comes to pass — could be enough to push a leveraged buyout of the...
IHT Rendezvous: A Crystal Award for Charlize Theron
Label: WorldDAVOS, Switzerland — The actress Charlize Theron and two documentary filmmakers received awards for their humanitarian work as the World Economic Forum opened in Davos Tuesday.Ms. Theron, who won the best actress Oscar in 2004 for the film “Monster,” was honored Tuesday for her work fighting H.I.V. among impoverished young people in South Africa, where she was born.Ms. Theron’s appearance was a...
Jan
22
DealBook: Atari's U.S. Division Files for Bankruptcy, Hoping for a Sale
Label: BusinessNearly three decades after Atari closed the doors on its first iteration, the video game pioneer is trying another reinvention. It just had to file for bankruptcy first.The company’s United States subsidiary, Atari Interactive, filed for Chapter 11 protection on Monday as part of an effort to cleave itself from its French parent, Atari S.A.The move, made in the Bankruptcy Court for the Southern District...
The New Old Age Blog: The Brutal Truth of 'Amour'
Label: HealthIt has been a few days since I left the movie theater in a bit of a daze, and I’m still thinking about “Amour.”So much of this already much-honored film rings utterly true: the way a long-married Parisian couple’s daily routines, their elegant life of books and music and art, can be upended in a moment. The tender care that Georges (Jean-Louis Trintignant) provides for Anne (Emmanuelle Riva) as multiple...
The New Old Age Blog: The Brutal Truth of 'Amour'
Label: LifestyleIt has been a few days since I left the movie theater in a bit of a daze, and I’m still thinking about “Amour.”So much of this already much-honored film rings utterly true: the way a long-married Parisian couple’s daily routines, their elegant life of books and music and art, can be upended in a moment. The tender care that Georges (Jean-Louis Trintignant) provides for Anne (Emmanuelle Riva) as multiple...
Media Decoder: Pew Survey Finds Reliance on Libraries for Computers and Internet
Label: TechnologyFree access to computers and the Internet is now nearly as important to library patrons as borrowing books, according to a new survey.The survey, released Tuesday by the Pew Research Center’s Internet & American Life Project, found that 80 percent of Americans said book borrowing was a “very important” library service, but 77 percent said the same thing about computers and the Internet.The study...
France’s National Library Hopes to Buy Sade’s ‘120 Days’
Label: WorldPARIS — “The 120 Days of Sodom,” by the Marquis de Sade, is one of the most perverse works of 18th-century literature. It tells the story of four rich “libertines” who lock themselves in a remote medieval castle with 46 victims (including eight boys and eight girls, ages 12 to 15). The men are assisted by four female brothel keepers who arouse their hosts by recounting their outlandish (and...
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