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The Wall Street Journal: AOL’s Tim Armstrong ‘cautiously optimistic’ of Yahoo-Verizon deal

AOL Chief Executive Tim Armstrong said he’s “cautiously optimistic” that Verizon’s acquisition of Yahoo will go through despite the internet company’s disclosure this fall that it suffered a significant data breach.

Speaking during a keynote interview at Business Insider’s Ignition conference in New York on Monday, Armstrong said the deal has a better chance of going through than not.

Meanwhile, the digital media veteran said he’s been working closely with Yahoo Chief Executive Marissa Mayer on strategy and structural planning as if the deal will close. And he’s been impressed with some of Yahoo’s plans for 2017 outside of the integration work.

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