Cramer Remix: Why an AT&T-Time Warner combo would be worth buying

Cramer Remix: Why an AT&T-Time Warner combo would be worth buying

6 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnbc.com/2017/11/09/cramer-remix-why-an-att-time-warner-combo-would-be-worth-buying.html

The increasingly complicated deal talks between AT&T, Time Warner and the Department of Justice didn't stop CNBC's Jim Cramer from being bullish on the potential merger.

"The combined companies actually have better cash flow than if you break them up," the "Mad Money" host said during a special Veterans Day show at the U.S. Military Academy at West Point. "But [in] either case, AT&T represents a bedrock institution that has a lot of cash flow. I've been recommending it. It's got a 5 percent yield. I think it can go higher."