June 6 (Reuters) - Dolby Laboratories Inc ( DLB ):

* DOLBY LABORATORIES ANNOUNCES AGREEMENT TO ACQUIRE GE

LICENSING

FROM GE AEROSPACE

* DOLBY LABORATORIES INC ( DLB ) - PROPOSED DEAL FOR $429 MILLION

ALL CASH

TRANSACTION

* DOLBY LABORATORIES INC ( DLB ) - DOLBY EXPECTS DEAL TO BE

ACCRETIVE ON A

NON GAAP BASIS TO OPERATING MARGINS AND EPS IN FISCAL 2025.

* DOLBY LABORATORIES INC ( DLB ) - TRANSACTION IS NOT EXPECTED TO

AFFECT

DOLBY'S PRACTICE OF RETURNING CAPITAL TO STOCKHOLDERS THROUGH

ITS QUARTERLY DIVIDEND

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