. >> mr. loeb has a chance that expires soon, was that at all, did that figure into how you went about doing it. is it a pure coincidence? >> i wish i was that good that we could bring together this massive transformation, between dow and dupont and the corning deal today. that deal itself would get a lot of attention. could i put together two deals like that to arrive on the day, i would have to be a magician to do that and i'm not. >> in fact, it is unclear exactly what it is that mr. loeb is after here. he succeeded in getting two board members, if you will, who both came out strongly in favor of the deal, one of whom fired back at mr. loeb. i did ask about whether he would take over the materials company. remember these two companies will get together. then it will be 18 to 24 months later. it is more or less indicating no. now i'm hearing, jim, from people close to the board that the answer is definitively no. this is hit for andrew, he will go off and pursue other things in his life. he will

mr. liveris we thought was going to be taking over. it looks like dan loebt want that to happen. a lot of pressure. that's why we're seeing so much pressure on both stocks. >> while he remains in favor of the deal, the market may be trading today as if it perceives that he's not, when, in fact, the reports say there is. >> he's in favor of the deal. >> he just wants somebody out in all ways, shapes and forms. i'm told it's a matter of when, not if, mr. liveris leaves entirely that you're looking at late 2016 to early to mid-2017. >> the most interesting thing about it -- >> which is the kind of area you'd -- >> most interesting thing about it, isn't it mr. liveris who has been trying to get this deal done? now once they finally look like they're going to get this deal done, now they want to throw him out. >> all right, there's a look at both stocks today. we're still moments away from president obama's statement from the pentagon. we'll take you there as soon as it begins. with passion.lt my business but i keep it growing by making every dollar count. that's

to get the likely comment or we'll find out what third point and dan loeb think of the transaction after a year, what they think of mrcutive chairman and running a business broken into three. it's something to look forward to. >> it is. there's certainly got to have been a little prod. as we've reported and others have as well, scott, i mean, liveris had been revisiting the idea of this transaction for many years, and had considered splitting the company and doing any number of things, approached breen's predecessor for a potential deal, and knowing that standstill expires, certainly, i'm sure, i know was also something at least in the back of their minds. >> was it the main motivating portion? no way. it had to be in the back of their minds to try to get this thing done now knowing the standstill was coming monday. looking forward to the interview. 9:15. >> is that when it is? absolutely right. that's accurate. we like people to tune in at 9:00. >> nay will. they want to hear the commentary of you talk about the deal, leading up to the interview. that's how it works. >> got it, exactly. >> 9:00 a.m. >> "squawk on th