Fisher Looking To Sell Real Estate Holdings
May 27, 2008 at 4:25 PM (PT)
FISHER COMMUNICATIONS says that it is "exploring alternatives" for its real estate interests, which include the FISHER PLAZA complex near downtown SEATTLE.
"While FISHER PLAZA has been a desirable facility to develop and own, it represents a very valuable non-core asset that we do not believe is fully reflected in the value of the Company," said Pres./CEO COLLEEN B. BROWN. The company owns eight radio stations, 13 full-power TV stations (one with a 50% interest), and eight LPTVs.