Law Office of Brodsky & Smith, LLC Announces Investigation of Fisher Communications, Inc.
Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Fisher
Communications, Inc. (“Fisher” or the “Company”) (Nasdaq: FSCI) relating
to the proposed acquisition by Sinclair Broadcast Group, Inc.
(“Sinclair”).
Under the terms of the transaction, Fisher shareholders will receive
only $41.00 in cash for each share of Fisher stock they own. The
investigation concerns possible breaches of fiduciary duty and other
violations of state law by the Board of Directors of Fisher for not
acting in the Company’s shareholders' best interests in connection with
the sale process. The focus of the investigation is whether the Fisher
Board of Directors breached their fiduciary duties by failing to conduct
an adequate and fair sales process prior to agreeing to this proposed
transaction.
If you own shares of Fisher stock and wish to discuss the legal
ramifications of the proposed transaction, or have any questions, you
may e-mail or call the law office of Brodsky & Smith, LLC who will,
without obligation or cost to you, attempt to answer your questions. You
may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at
Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004,
by e-mail at investorrelations@brodsky-smith.com
visiting http://brodsky-smith.com/565-fsci-fisher-communications-inc.html,
by calling toll free 877-LEGAL-90.
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