WASHINGTON: WPP's purchase of lobbying shop Quinn Gillespie & Associates (QGA) last week appears to be evidence that the sector remains a rare hot spot in a communications and marketing industry that is still attempting to regain its footing after two years of struggles.
The deal, announced last week, follows by just more than a month the purchase of fellow lobbying shop Dutko by private equity group Lake Capital. The terms of the QGA deal weren't disclosed, but sources said ...