Edelman Acquires Grassroots Enterprises

The only survivor of the political dot-com boom that I know of has finally been gobbled up — nothing’s eternal in business, my friends. If I remember correctly, back in the late ’90s Grassroots burned through a few tens of millions of investor dollars before reinventing itself as an advocacy tool provider and consulting firm. Only to disappear at last into the Edelman maw…let’s hope they got a good buy-out.

– cpd