Fisher Communications is exploring ?potential strategic alternatives,? including a sale, the company announced Thursday.
?The Company has not made a decision to pursue any specific strategic transaction or any other strategic alternative, and there is no set timetable for the strategic review process,? Fisher said in a statement.
Fisher is the owner of 13 stations across the Pacific Northwest. Reuters reports the potential sale is a result of pressure from billionaire investor Mario Gabelli.
Source: http://www.mediabistro.com/tvspy/fisher-communications-considering-sale_b76387
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