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Published on 11/20/2008 in the Prospect News Special Situations Daily.

Gamco, Gabelli sell more shares of Fisher Communications

By Lisa Kerner

Charlotte, N.C., Nov. 20 - A group of Fisher Communications, Inc. investors led by Gamco Asset Management Inc. and Gabelli Funds, LLC reported the sale of a net 24,805 shares in a schedule 13D/A filing with the Securities and Exchange Commission.

The shares were sold through a series of buy and sell transactions between Sept. 24 and Nov. 19 with the shares priced from $19.75 to $39.5142 each.

Gamco and its affiliates beneficially own approximately 1.75 million shares, or 20.08%, of the company's outstanding stock.

In September, Gamco named Fisher Communications as one of 13 companies it believed would benefit from new nominations to their boards of directors.

Seattle-based Fisher Communications owns television and radio stations.


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