Law Offices of Howard G. Smith Announces Investigation of Fisher
BENSALEM, Pa. -- April 11, 2013
Law Offices of Howard G. Smith announces that it is investigating potential
claims against the Board of Directors of Fisher Communications, Inc. (“Fisher”
or the “Company”) (NASDAQ:FSCI) related to the proposed acquisition of the
Company by Sinclair Broadcast Group, Inc. The transaction is valued at
approximately $373.3 million, or $41 per share.
This investigation concerns whether the Board of Directors of Fisher breached
their fiduciary duties to stockholders by failing to adequately shop the
Company before agreeing to enter into the proposed transaction, and whether
the Company has disclosed all material information to shareholders about the
transaction. The Company has seen substantial recent growth. Its share price
has skyrocketed from $23.11 on November 7, 2012 to $39.05 on April 2, 2013.
If you are a shareholder of Fisher, if you have information or would like to
learn more about our investigation, or if you wish to discuss these matters or
have any questions concerning this announcement or your rights or interests
with respect to these matters, please contact Howard G. Smith, Esquire, of Law
Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888)
638-4847, or by email to firstname.lastname@example.org, or visit our website
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
Toll Free: (888) 638-4847
Press spacebar to pause and continue. Press esc to stop.