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FROM THE EDITOR-IN-CHIEF Danny Rogers
At a time when positive indicators are thin on the ground, this week's majority sale of top 15 UK PR firm College Hill, to private equity firmVitruvian Partners, is a vote of confidence in the comms business.
The sale of PR firms during a recession - and boy is this proving to be some recession - can often be put down to distress. But this example looks to be the opposite.
PR consultancies are more typically sold to other, bigger PR consultancies, or to marcoms holding groups such as WPRA sale of a stake - in this case just over half - to a private equity firm is...