Dolby Secures Lake Technology for A$21.6m

23rdDec 2003. Following a bidding war with high profile shareholders in Lake Technology, US audio giant Dolby Laboratories has finally secured the company with an increased offer of 16 cents a share. Dolby lodged a bid of 13 cents a share in September 2003. Lake shareholders, including former prime minister Paul Keating, Strathfield Group founder […]