Fisher Communications Inc – ‘8-K’ for 4/12/99

As of:  Wednesday, 4/14/99   ·   For:  4/12/99   ·   Accession #:  1032210-99-532   ·   File #:  0-22439

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Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                         3     10K 

Document Table of Contents

8-K
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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): 
April 12, 1999  

FISHER COMPANIES INC. 
(Exact name of registrant as specified in its charter)  

WASHINGTON  
(State or other jurisdiction of incorporation)  

000-22349                              91-0222175 
------------------                     ------------------ 
    (Commission File Number)             IRS Employer Identification No.

1525 One Union Square 
600 University Street 
Seattle, Washington   99101-3185  
(Address of principal executive offices)  (zip code)  

Registrant's telephone number, including area code:  (206) 624-2752 

8-K
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Item 5 - Other Events                                                           

    Fisher Companies Inc. (FSCI) today announced its plans not to proceed with
a common stock recapitalization that had been proposed to its shareholders in   
its Proxy Statement in connection with the Company's annual shareholders meeting
on April 29, 1999.  The Company's Board of Directors will act formally on       
management's recommendation to withdraw the proposal and a related proposal     
regarding the adoption of a new employee incentive plan at a Special Meeting on 
April 19th.                                                                     

In the course of continuing due diligence and the finalization of the 
Company's 1999 Proxy Statement, the Company was made aware of certain concerns  
regarding NASDAQ's interpretation of its voting rights standards as applied to  
certain features of the proposed recapitalization.                              

   Subsequent contacts with NASDAQ and consultations with the New York Stock
Exchange have caused the Company to determine that the concerns raised by NASDAQ
and the NYSE are likely to preclude the Company from listing its shares on such 
exchanges in the future, if the recapitalization proposal is implemented.       

The Company's common stock is not listed on NASDAQ or any national    
exchange, although the Company may apply for listing in the future.             

   Accordingly, the recapitalization proposal (and the related adoption of a
new employee incentive plan) will be withdrawn from consideration and           
shareholder vote at the Company's annual shareholders meeting scheduled later   
this month.                                                                     

Item 7 - Financial Statements and Exhibits                                      

None                                                                  

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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: April 12, 1999                                                 

               FISHER COMPANIES INC.

                   By:  /s/ David D. Hillard
                        ----------------------
                    David D. Hillard
                                Senior Vice President, Chief
                                   Financial Officer and Secretary

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Dates Referenced Herein   and   Documents Incorporated by Reference

				Referenced-On Page
This ‘8-K’ Filing		Date		First		Last			Other Filings
		4/29/99		2					DEF 14A,  PRE 14A
Filed on:		4/14/99
For Period End:		4/12/99		1		3
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