Fisher Communications explores sale

Thu Jan 10, 2013 6:45am EST

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Jan 10 (Reuters) - TV station operator Fisher Communications Inc said it is exploring strategic alternatives including a possible sale of the company.

The company said it had not made a decision to "pursue any specific strategic transaction" and had not set a timetable for the review process.

Fisher Communications, which has a market value of about $252.8 million, said it had retained Moelis & Company as financial adviser.