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

Partner Eric Cafritz quoted, The New York Times, "Pfizer Ad Stirs Talk of Entry into Rivals' Fight"

An article in the March 2nd New York Times entitled "Pfizer Ad Stirs Talk of Entry into Rivals' Fight" discusses an advertisement that Pfizer Inc. recently placed in a French newspaper and the role it might play in the contested unsolicited takeover bid by Sanofi-Synthelabo for Aventis SA. According to the article, "[i]t is common practice in France to take out advertisements that boast of a company's strengths before attempting a takeover. Merger specialists said that the timing of the Pfizer ad, which comes as the legality of the Sanofi bid is being debated in a French courtroom, was puzzling. 'It has to be more than coincidence,' said Eric Cafritz, a partner with Fried, Frank, Harris, Shriver & Jacobson [LLP], who is based in Paris. 'In these contested French bids, publicity is put to strategic use.'"