<P><FONT face="Arial, Helvetica, sans-serif" size=2>Dolby Laboratories Inc., based in San Francisco, is planning to file a registration statement with securities regulators as early as next month to take the company public, according to </FONT><A href="http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2004/10/27/BUG949GR2C1.DTL&type=business"><FONT face="Arial, Helvetica, sans-serif" size=2>SFGate.com</FONT></A><FONT face="Arial, Helvetica, sans-serif" size=2> who claimed to have heard it from an unnamed source familiar with the deal. </FONT>
<P><FONT face="Arial, Helvetica, sans-serif" size=2>The company will allow investment banker Morgan Stanley to lead the initial public offering, which is expected to raise $400 million and could value the company as high as $1.5 billion. Dolby hired Palo Alto law firm Wilson, Sonsini, Goodrich & Rosati to help prepare the application to be filed with the Securities and Exchange Commission. If the SEC approves the paperwork, Dolby could first sell stock to the public next year. The pending IPO would probably do very well due to Dolby's brand name recognition, long history and significant revenues. In terms of market value, Dolby would have ranked No. 96 on the list of Bay Area public firms.</FONT>
<P><FONT face="Arial, Helvetica, sans-serif" size=2>[
Read the Original Piece]</FONT></P>
