SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
November 18, 1998
FISHER COMPANIES INC.
(Exact name of registrant as specified in its charter)
WASHINGTON
(State or other jurisdiction of incorporation)
0-22439 91-0222175
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(Commission File Number) IRS Employer Identification No.
1525 One Union Square
600 University Street
Seattle, Washington 98101-3185
(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code: (206) 624-2752
Item 5 - Other Events
On November 18, 1998, Fisher Companies Inc. ("FCSI") announced its
agreement to acquire all of the broadcasting assets of Retlaw Enterprises, Inc.
and related entities. The broadcast assets to be acquired consist of eleven
network-affiliated television stations in seven markets located in California,
the Pacific Northwest, and Georgia.
The proposed acquisition will be consummated pursuant to the terms of an
Asset Purchase and Sale Agreement among FCSI, Fisher Broadcasting Inc., Retlaw
and related entities dated as of November 18 1998. Total consideration for the
assets to be acquired is $215 million, which includes $6 million of working
capital at closing.
Consummation of the transaction, which is expected in the second quarter of
1999, is subject to various conditions including the receipt of applicable
regulatory approvals. For additional information regarding the proposed
transaction, reference is made to the press release dated November 18, 1998,
which is attached to this Report as Exhibit 99, and incorporated herein by
reference.
Item 7 - Financial Statements and Exhibits
(a) Financial statements - not applicable.
(b) Pro forma financial information - not applicable.
(c) Exhibits:
(99) Press Release issued by FCSI, dated November 18, 1998
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: November 24, 1998
FISHER COMPANIES INC.
By: /s/ William W. Krippaehne, Jr.
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William W. Krippaehne, Jr.
President and Chief Executive Officer
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