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DLB Jul 2024 80.000 put
| Previous close | 1.7500 |
| Open | 1.7000 |
| Bid | 0.1500 |
| Ask | 2.3500 |
| Strike | 80.00 |
| Expiry date | 2024-07-19 |
| Day's range | 1.7500 - 1.7500 |
| Contract range | N/A |
| Volume | |
| Open interest | 10 |
ZacksDolby Laboratories (DLB) Signs Deal to Acquire GE Licensing
Dolby Laboratories (DLB) inks a definitive agreement to acquire GE Licensing from GE Aerospace for $429 million in cash.
- Reuters
Dolby Labs to acquire GE's licensing business in $429 million deal
The takeover, which aims to further Dolby's existing licensing businesses, comprises over 5,000 GE patents. However, it excludes aerospace and defense IPs belonging to GE Aerospace, as well as the GE brand's trademark portfolio. The transaction is estimated to close by the end of fiscal-year 2024 and is not expected to impact Dolby's 2024 results, the audio and imaging products maker said in a statement.
PR NewswireDolby Laboratories Announces Agreement to Acquire GE Licensing from GE Aerospace
Dolby Laboratories, Inc. (NYSE: DLB), a leader in immersive entertainment experiences, announced today that it has entered into a definitive agreement to acquire GE Licensing, which owns, maintains, and licenses an extensive portfolio of IP primarily targeting the consumer digital media and electronics sectors.
