Fisher Communications Considering Sale

By Merrill Knox Comment

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 sale is being explored “under pressure from billionaire investor Mario Gabelli.”