The Berkshire Hathway giant is going to be investing in the form of preferred shares in that inversion trng. Berkshire is expected to provide about 25 of the financing of that action. He should say that they teamed up before with hiez. In that particular case, he had gotten a 9 coupon. We will see what they are going to be paying for the berkshire name. Sources telling me literally five minutes before we came on the show that the transaction, they were trying to sign that transaction up literally in the next couple of hours. So we will bring that news to you as it comes. We should tell you this morning, amazon buying Live StreamingGaming Network twitch interactive for backside 970 million in cash. It is the largest in amazons 20year history. Twitch allows users to message other players during live play. The ecommerce giant hoping the acquisition will help it better compete with apple and going t in the fast growing space of Online Gaming. More than 70 of Online Google sales coming in Online Gaming. Google had been in talks to buy twitch that, of course, pushing that price up. Were going to talk to you. An early investor and the largest share hold ner twitch coming up. Michelle. Is he related to as well . Well have to ask. I do not know. The s p closing above the s p for the first time. Finishing the question at another alltime high. Yesterday was the lightest full day volume of the year. If you like the s p 2000 . I dont know. It certainly doesnt feel like nasdaq 5,000. The dow is the number for where we have feelings, right . All right. On the agenda today, we have a number ow key economic releases. 8 30 a. M. , durable goods. At night, we get the caseshiller home index. Also worth watching, the richmond report and the fed survey. Waun what the opposite on of a roll is . Biggest acquisition today. Market capital is less than 1 billion. So youre saying its all home made growth. And its organic . Come from zero to 150 billion. Less than a billion is the largest okay. Thats one thing that occurred to me. Number two is just how you talked to you in makeup how, i dont know, just sort of how sad i am that we cant talk the inversion angle with Warren Buffett because you told us yesterday its not inversion. It is an inversion transaction now that its a news story, youre going the take back everything no, no, no. You said it was 26 rate versus 27 here. This transaction, while it technically is an inversion by default, thats what it is. But it doesnt have the are already. So the whole story i like to calm the criticism. Im not protecting my hand. What a great story it could have been. Could jack lew call Warren Buffett unpatriotic . Like you said, they didnt watch you yesterday . It is an inversion, but its not done for tax reasons. This particular transaction is done in a different way. You ruined it. My question is how much do you think and we will find out later today, i would imagine, burger king is going to have to pay to use Warren Buffetts name in this transaction . Thats effectively i what happens. This is fansing deal. He paid 9 . Wind that. What did he get from ge . That was i know what it was. When a did you get for Goldman Sachs . 10 . But in this environment i would think you could get money from anybody and their brother for less. For a lot less. Then the question comes what is the value of a buffett name, specifically in a trng like this. Let me go on because this is so not theyre paying out extra so jack lew doesnt call the b unamerica. Im just suggesting it was not as we know an inversion. Thats it. No. I was trying to be i know, i know, i know. Futures this morning, take a quick look, down 4 points yesterday. Nice day. Tough. S p 2000. Did you see findly many things in the world are topsy turvey, but timely the euro is starting to get an idea of what its actually worth. You know what i mean . Like a sdorl what youre worth. Its at 1. 31. But it was at 1. 40. Get with the program here. I paid 3. 20 today, sorkin. For gas . No. I paid 3. 50 for premium been but 3. 20 was regular. Shocked that it was down. Theres oil right now. You paid the preed yum or no. The regular was 3. 20. Theres regular, premium and i get the 93 octane. I probably dont have to and i just do. You know one of the reasons oil is so low . Whats incredible is libya, which is a fuel state, they actually voted to approve foreign intervention, an invasion, theyve invited it to try to bring stability, and yet theyve managed to get Oil Production up to like 600,000 barrels per day. This is your story, hollande percentages cabinet falling hes socialist enough. Better hope we never get rid of the socialists on this show. Plus i would be more interesting to have these stories to talk about. You wanted to turn this into an inversion story even though it isnt. Mr. Buffett rule, i want him avoiding taxes for burger king, thats what i want. And im saying this transaction is a little different. I did not know Warren Buffett was involved when i made that statement yesterday. You like yes, i did. You like fuzzy news, right . Love fuzzy news. I imagine there would be phone calls between the white house and buffett. That would be the first since the election, i think. I think so . Compared to how much he did to help, i think he was a little hurt by the followup. In terms of gratitude . Were going to have a guy on talking about this, the total of breaking bad is what caused it. If they had done true detective, if they had done this as something to year by year . Right. You never you see, i dont know i cant really identify with you. You have not watched true detective yet. Yes, i have. I have not watched it in entirety. That would have won. Or malveaux had it not been in the same year as breaking bad. They were giving it in total the five or six years of but it was a oneyear thing, the best tv show in the history of tv. The golden age of television. There was a time where the greatest tv show would never be as good as the greatest movie. Yet i think were there. Great television. Did we look at the oil and the ten year . Tenyear is 2. 30 i saw yesterday spains spanish tenyear, 2. 2 . Remember, the real Interest Rates there are higher because their inflation is so much less than ours, right . I know. You give them money for ten years, which you do. A lot of people are. Thats the amazing part. Japan is less than a half. Its amazing, which goes to show you low Interest Rates arent necessarily good for an economy. And i saw 1. 31 yesterday. Because germany is finally weakening. They were going to have to ease months ago. I think it was. Its just that still you had germany stronger than we thought and they drive policy. You get a lot of money like sorros or Something Like that, 1. 40, why couldnt you just buy all the puts on the euro that you could possibly soros knows how to do all that, too. I know. Why wouldnt you have done that . Because we all know. All right. Go ahead. You can know so many things. We all know Interest Rates are going to go up. Well, that i dont know. Were going to talk to mark grant. Right now, Vladimir Putin and ukraine yab president poroshenko are going to meet. Can we expect a break through . Its not likely. Here to tell us why, from john hopkins university, i would think most people would agree with you. At least most americans would say putin has said one thing and consistently done anything. And so just because these two gentlemen are finally meeting for the first time in more than two months, not a lot of people believe theres going the be much of auto break through, right . I dont think theres going to be a break through at all. If they make progress on the ceasefire, i think you could say the meeting is going to be relatively successful. Both sides are under tremendous domestic pressure to keep fighting. Putin cant be seen to have lost ukraine and poroshenko essentially views the war as a fight for national sovereignty. And 90 of ukrainians support the war. You know, i was reading a piece that you wrote and i found one point you made super contrarian and hence very interesting. A time of people look at putin and think he has played the west so well. Were playing checkers and hes playing chess. You disagree, though. Youve written what looks to many like putins audacity are often nearly the byproducts of improvisation, knee jerk reactions unrestrained by the process of normal Foreign Policy decision making. Why do you think that . I think going back to even a late poroshenko area, years and months, putin has really reacted to events. First by supporting yanukovych. Second by taking crimea. In each case was a response to perceived opportunities. Certainly they want to control ukraine and keep it out of naton. But a lot of the steps to doing that are really a response to the west. Were they mistakes . I think they were mistakes because i do not think the kremlin expected the degree of resistance from ukraine, from the Ukrainian Military since april and may. If you consider ukraine like russians, which is not the case, youll expect a far more mild guest than they actually have. What does Vladimir Putin want . You suggested this and ultimately he does not want nato at his doorstep. Is it that simple . Its more complicated. He does not want nato at its doorstep and he does not want Ukraine Associated with the european union. Hes embarked on a Foreign Policy and ukraine is one part of that broader objective. Keeping enato away, that sees possible. But keeping ukraine out of the uk ukraine is going to sign the association great. A lot of members are wobbly on ukraine, potentially the french and the eye tall yaens and even merkel over the weekend clearly indicated the preference for a negotiated settlement. The ukrainians want a usualan Marshall Plan which i dont see in the cards. How does this end . By i think a prolonged period of im pension and struggle in ukraines east. The problem is that ukraine is facing a wall, both economically and at home on the imf package, on the fight against corruption. Two people have resigned this week from the poroshenko government saying he hasnt progressed quickly enough. Will there be more sanctions, do you think . Because ultimately the way the markets react, the way the German Economy reacts, what kind of disruption will there be for trade between russia and ultimately germany, which is one of the biggest trading partners . Are we going to see more of that . We are not going to see sanctions from the eu soon. Merkel has said that in the last few days. Again, they want a negotiated settlement. But there will be pressure to have sanctions, it will be putin and so far hes trying to get under the radar to make the came ambiguous. But he isnt invading. There are multiple convoys that have gone in beyond the humanitarian c humanitarian convoy. Ukraine claims they have 12 russian fighters they caught in ukrainian territory. It looks like he has invaded yesterday he is supposedly having this summit in belarus. He has invaded, but its a low level under the radar thing who people dont want to get involved can claim its a separative movement alone. Hes responding to the opportunity presented by the divisions in europe and in the west which i think have reacted much more mildly than the ukrainians have wanted. Oh, yeah, i would agree. Great to have you on, donald jensen. Really appreciate it. Thank you. Lets think of it this way. Maybe its notice being done jurt for the inversion. Thats why these guys are mad, right . Not true. They will city pay taxes sorry, were back to burger king. Youre a woman and youre not that far wow. Have you ever been talked down like that . Yes. Really . He might be tuning in for the fist time after this segment and i would remind you keep everybody just stay on top of it. Its inclusiveness, charming. You have to pay u. S. Taxes on your u. S. Sales. Its always like that. Its always like that. So in this particular instance, those sales have continued to with every inversion, thats true. Not this again. Come on, two of you guys are mercenaries, right . If they can get an improvement, of course theyre going to do it. Let me read this. Every year, the tv industry gives out these awards. Coming up, the emmys, breaking bad, that was the show. Down count Network Television out just yet. We have last nights winners and losers right here on nbc. Seth meyers, yep. Well be right back. This is a burrito made with chocolate, soybeans, and apricots. What kind of chef comes up with this . A chef working with ibm watson, on the cloud. Ingredients are just data. Watson turns big data into new ideas. And not just for food. Watson is working with doctors and bankers to help transform their industries. Today theres a new way to work. And its made with ibm. Poib. Nbc has the wrapup from l. A. Breaking bad. The emmy sent breaking bad out of a high note monday night. Thank you so much for this this wonderful farewell. That kindness extended the series costars aaron paul and anna gohn would won best supporting actor honors and breaking bads star who won best actor for the second Straight Year and fourth time overall. I can only say that i have graty attitude for everything that had happened. The one major honor drama breaking bad didnt get went to juliana marguleise. When what a wonderful time for women on television. Jim parsons. The star of the Big Bank Theory won best actor in a comedy for the fourth time while a Third Straight best actress went was sealed with an extended chris from brian cranston, her former comedy costar. Yeah, yeah, he was on seinfeld, yeah. Meanwhile, the reigning champ as best comedy tied a record for its fifth straight win. Modern family has been a big, beautiful dream and we thank you for not waking us up. The sense of deja vu extended to amazing rates. And the kol bcolbert report. Even as wins were celebrated others were remembered with billy crystals tribute to Robin Williams. Its very hard to talk about him in the past because he was so present in all of our lives. It was a poignant farewell on a memorable night. The academy paid tribute to other artists who passed away this year, including phillip see more hoffman, james garner and sid cesar. Im stephanie statton, nbc news. When they do the in memoriam stuff it brings tears. The Robin Williams thing, that was when was that on . It was late, around 10 00. It was a great tape of Robin Williams. Theres a last piece, if you get a chance to find it online, that was terrific. I knew i couldnt watch, so i was i actually had a little bit a little bit of u. S. Open on. So i probably shouldnt admit that, but i didnt why cant you admit it . Because you should be watching nbc . Oh [ but what do you make of the fact that netflix, the much heralded orange and blue house of cards was supposed to. They did not. Hbo got some, but didnt and this was the year of broadcast tv. Even though amc is, of course, cable. I never watched malcolm in the middle. But i remember the seinfeld episode where i think he converts to judaism. And he was an anti yeah. But i never would have imagined the character actor that plays the antidentite, the range that he showed in breaking bad, he was were those all first takes that you did . He was absolutely incredible, when he would be sad, when he would be acting one way, when you could see what he was supposedly feeling, in terms of but you still believe that true detectives was robbed . No. Matthew mcconaughey was you think he was robbed . Oh, in the show on hbo . I just think that why, did he not win anything . He did not. Our guest is going to say that any other year maybe oh, any other year true detectives as you said earlier, this was an award for everything that breaking bad represented. And in particular those last seasons were very, very special. In terms of how they opened up, i dont think any tv show has done it, as well. And in terms of breaking bad, there was far more no. Every woman i know, as well. They would get a chance to come back at it. So if you were to say ive got an idea, it was about a when i first its going nowhere. So it was amazing what they do. It was such a high concept. The pilots was great, too. How about the other one, there was another. You know, ive never seen the good wife. I cant believe a network tv you tried to buy it on itunes or apple tv, its so expensive. Disney apparently wanting to miss drones, could lead to projects such as floating aerial movie screens and larger than life puppets in the sky. You can look at that stock down now, 90. 38. Manhattan, putin. Dove. Thank you. 6 26. Whats going on . The s p 500 crossed to 2000 point level for the First Time Ever. Well, the markets make even more history in the final days of august . So what the heck is twitch and why is amazon paying nearly 1 billion in cash for it . One of the biggest investors in the gaming industry talks to us on squawk box. Ddy for defending our country. Thank you for your sacrifice and thank you for your bravery. Thank you colonel. Thank you daddy. Military families are uniquely thankful for many things, the legacy of usaa Auto Insurance can be one of them. If youre a current or former military member or their family, get an Auto Insurance quote and see why 92 of our members plan to stay for life. Good morning and welcome back to squawk box here on cnbc. Im joe kernen along with Andrew Ross Sorkin and Michelle Caruso cabrera. Hes taking a phone call. He is you know, working the phones. Hes reporting. Okay. Hes not mad . Hes not mad. He might have reason to be mad, but thats not why hes not sitting here. Becky is off this week. You know, when hes gone, i miss him. We know that. Relationships are like that. Mistaking headlines. More americans are paying their credit card bills on time. The rate of credit card payments at least 90 days overdue file d fell to 1. 2 in the quarter. The lowest level in at least seven years.