Also
* Valeant Pharmaceuticals International of Costa Mesa agreed to buy closely held Xcel Pharmaceuticals of San Diego for $280 million. The purchase price doesn’t include expenses to retire $44 million in Xcel debt.
* Microsoft Corp. said it would share information on computer hacker attacks, flaws in Microsoft software and security software updates with governments around the world.
* Gateway Inc. founder and Chairman Ted Waitt plans to reduce his stake in the company, the third-largest U.S. personal-computer maker, by about 20% to diversify his investments.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.