Fisher Communications’ board of directors has rejected an unsolicited offer from Huntingdon Real Estate Investment Trust. The Canadian REIT offered $211 million to the U.S. regional TV and radio station owner, adds Bloomberg. All Fisher board members except David Lorber, who is also a member of Huntingdon’s board of trustees, concluded that the proposal is not in the best interest of shareholders. Dewey & LeBoeuf and Perkins Coie were appointed as legal advisors by Fisher Communications.
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