Straight Path Communications Inc. (AMEX:STRP) is set to move forward with review of strategic alternatives to maximize shareholder value. Straight Path announced a comprehensive settlement with the Federal Communications Commission related to the company's wireless spectrum licenses. Davidi Jonas, Chief Executive Officer of Straight Path said, "With this settlement, we have cleared the way for a review of strategic alternatives to maximize shareholder value. To represent us in our endeavors, we have retained Evercore, a premier independent investment banking advisory firm".