Jim Cramer on the Future of the Yahoo! and Verizon Deal

The latest news of hackers targeting Yahoo! accounts puts Verizon's plans to purchase the company for $4.8 billion in jeopardy
Author:
Publish date:

I think that Verizon should negotiate the price down. The assets compromise. You can argue it's a material adverse change. But I know Tim Armstrong needs Yahoo to be able to make the vision of Yahoo and AOL and make it so that it can actually move the needle which won't happen for another 3 or 4 years.