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Fisher repurchases $12.8 million in 8 5/8% senior notes due 2014
By Lisa Kerner
Charlotte, N.C., Aug. 6 - Fisher Communications, Inc. bought back approximately $12.8 million of its 8 5/8% senior notes due 2014 for $11.4 million in cash for a discount of about 11% during the second quarter, according to a company earnings report.
The Seattle-based television and radio station operator recorded a net gain of $1.2 million in connection with these repurchases.
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