Jim Cramer on Whether Walmart Paid Too Much to Acquire Jet.com to Fend Off Amazon
Walmart is buying online retalier Jet.com for $3 billion in cash to fend of Amazon, and Jim Cramer says maybe there's no price too high when survival is at stake
Walmart (WMT) - Get Report is buying online retalier Jet.com for $3 billion in cash to fend of Amazon (AMZN) - Get Report , and Jim Cramer says maybe there's no price too high when survival is at stake. But Cramer pointed out Walmart could have spent the money to build up its own online infrastructure. Cramer said in this case, it was easier to buy, rather than build.
