Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Fisher Communications, Inc. (FSCI)

NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Fisher Communications, Inc. (“Fisher” or the “Company”) (NASDAQ: FSCI) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) in an all-cash deal valued at approximately $373.3 million. Under the terms of the proposed transaction, Fisher’s stockholders will receive $41 in cash for each share of Fisher common stock they own.