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Cramer's Thoughts on the Comcast/21st Century Fox Offer

In the May Action Alerts PLUS members' call, Jim Cramer answered a question regarding the Comcast's all-cash offer for 21st Century Fox's assets. Watch now so see what he things.
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In the May Action Alerts PLUS members' call, Jim Cramer addressed a question from a member in  Johannesburg, South Africa.

"Can you speak more on Comcast's (CMCSA) - Get Comcast Corporation Class A Report all-cash offer for 21st Century Fox (FOXA) - Get Fox Corporation Class A Report assets and if you think it'll stretch the balance sheet?" the member asked.

Cramer first had to caveat that he works for Comcast, as part of CNBC, since he is on regularly. 

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But he is concerned that the balance sheet would be stretched dramatically.

"My thinking on this deal is that if they get the asset they have faster growth that they need," he said.

Watch the video above to hear more.

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