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Published on 1/5/2009 in the Prospect News Special Situations Daily.

TowerView increases passive stake to 8.9% in Fisher Communications

By E. Janene Geiss

Philadelphia, Jan. 5 - TowerView LLC increased its passive stake to 8.9% in Fisher Communications, Inc. as of Dec. 31, according to an SC 13G/A filing.

That represents a passive stake of 773,109 shares.

Those holdings are up from the passive stake of 6.5%, or 564,000 shares, that TowerView reported on Dec. 31, 2007.

On Dec. 3, 2007, the company reported a passive stake of 5%, or 437,000 shares.

On Aug. 17, 2007, it reported a passive stake of 4.9%, or 436,080 shares.

The company first reported owning 5%, or 439,330 shares, on June 5, 2006, according to an SC 13G filing.

Seattle-based Fisher Communications owns television and radio stations.


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