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Monday, October 27, 2014

EU mergers and takeovers (Oct 27), (NYSE: DLB)

The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS-- Dolby Laboratories to acquire digital cinema equipment maker Doremi Highlands (approved Oct. 27/notified Sept. 25)-- British telecoms operator Vodafone to form joint venture with Ireland's Electricity Supply Board to build fibre broadband network across country (approved Oct. 27/notified Sept. 26)

Dolby Laboratories, Inc. designs and manufactures video and audio products for the film production, cinema, and television broadcast industries. Shares of DLB traded higher by 0.99% or $0.4/share to $40.72. In the past year, the shares have traded as low as $34.77 and as high as $47.29. On average, 356773 shares of DLB exchange hands on a given day and today's volume is recorded at 50783.



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