Partner Philip Richter quoted, <i>Mergers & Acquisitions Report</i>,

Partner Philip Richter quoted, Mergers & Acquisitions Report, "Third Quarter M&A Comes On Strong"

According to the October 4th Mergers & Acquisitions Report, in an article entitled "Third Quarter M&A Comes On Strong," "[t]he third quarter, propelled by strong private equity accomplishments, lived up to bankers' and lawyers' expectations a year ago that M&A activity would pick up in 2004. Announced U.S. deal volume through the third quarter eclipsed the same period last year by 67%....Said Philip Richter, an M&A partner at Fried, Frank, Harris, Shriver & Jacobson LLP, 'I've been seeing an increase in cross-border transactions, and the WPP Group PLC deal is an example.' On Sept. 13, London-based WPP inked a deal to buy New York-based Grey Global Group Inc. for $1.5 billion. The British advertising company is a long-term client of Fried Frank, Richter noted....On the legal front, concluded Richter, 'I think the M&A market is busy.'"