eptance of the proffers' benefits, notwithstanding its knowledge of the privilege reservations, makes its currenk position untenable. CI 3 A's Towing Co. P & A. Well Serv., Inc., 642 F.2d 756,58 n. 3 (5th Cir.1981) (finding ratification where delay in repudi- ating was long and failure to repudiate