Rigrodsky & Long, P.A. Announces Investigation Of Fisher Communications, Inc. Buyout

Rigrodsky & Long, P.A. Announces Investigation Of Fisher Communications, Inc. Buyout

WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.:

  • Do you own shares of Fisher Communications, Inc. (NASDAQ GS: FSCI )?
  • Did you purchase any of your shares prior to April 11, 2013?
  • Do you think the proposed buyout price is too low?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Fisher Communications, Inc. ("Fisher" or the "Company") (NASDAQ GS: FSCI) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Sinclair Broadcast Group, Inc. ("Sinclair") (NASDAQ GS: SBGI) in a transaction valued at approximately $373.3 million.


Click here to learn more: http://www.rigrodskylong.com/investigations/fisher-communications-inc-fsci.

Under the terms of the proposal, public shareholders of Fisher will receive $41.00 per share in cash for each share of Fisher they own.

The investigation concerns whether Fisher's board of directors failed to adequately shop the Company and obtain the best possible value for Fisher's shareholders before entering into an agreement with Sinclair.

If you own the common stock of Fisher and purchased your shares before April 11, 2013, if you have information or would like to learn more about these claims, 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 Seth Rigrodsky or Brian Long at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, Delaware 19803, by telephone at (302) 295-5310, or Peter Allocco at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530, by telephone at (888) 969-4242; by e-mail to info@rigrodskylong.com, or at: http://www.rigrodskylong.com/investigations/fisher-communications-inc-fsci.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

Attorney advertising. Prior results do not guarantee a similar outcome.



Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Brian D. Long
Peter Allocco
888-969-4242
302-295-5310
516-683-3516
Fax: 302-654-7530
info@rigrodskylong.com
http://www.rigrodskylong.com

KEYWORDS:   United States  North America  Delaware

INDUSTRY KEYWORDS:

The article Rigrodsky & Long, P.A. Announces Investigation Of Fisher Communications, Inc. Buyout originally appeared on Fool.com.

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