I tried a number of things - none of which worked.
In the end I did the following:
1) Used the Synaptic Package Manager to do a COMPLETE uninstall of
acroread
2) Used apt-get in a terminal window to reinstall it.
sudo apt-get install acroread
Preferences were lost but the "You have 1 update" icon no longer taunts
me from the top of the screen.
Cheers.
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Cannot update Adobe Acrobat Reader via Update Manager
https://bugs.launchpad.net/bugs/247990
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