Partner Eric Cafritz quoted, <em>The New York Times</em>,

Partner Eric Cafritz quoted, The New York Times, "Novartis Says It's Weighing Making a Bid for Aventis"

According to the March 13th New York Times, in an article entitled "Novartis Says It's Weighing Making a Bid for Aventis," "Novartis, the Swiss health care company, acknowledged yesterday that it was considering coming to the defense of Aventis with an offer to rival an unsolicited bid made by Sanofi-Synthélabo....But the sincerity of Novartis's interest in Aventis remains in question....Negotiations with Aventis...could allow Novartis an extremely rare opportunity to look at the books of one of its biggest competitors. The opportunity to learn more about your competitors is the 'latent subtext in almost any white-knight situation,' said Eric Cafritz, a partner with Fried, Frank, Harris, Shriver & Jacobson [LLP] in Paris. 'There is almost always a good reason to take a look, because after all, what can you lose?'"

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