Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Fisher Communications, Inc. Shareholders
15 Aprile 2013 - 8:58PM
Business Wire
Kirby McInerney LLP 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. (“Sinclair”)
(Nasdaq: SBGI). Under the terms of the agreement, Sinclair will
acquire all of the outstanding common stock of Fisher for $41.00
per share in cash, for a total transaction value of approximately
$373.3 million.
The investigation concerns whether the Fisher Board of Directors
violated its fiduciary duties by agreeing to this transaction and
whether the proposed $41.00 per share consideration adequately
values Fisher common shares.
If you are a Fisher shareholder and wish to obtain additional
information, please contact J. Brandon Walker, Esq. by email
at bwalker@kmllp.com, by telephone at (212) 699-1145 or (888)
529-4787, or by filling out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating
in securities, shareholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to
www.kmllp.com.
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