American Broadcasting Company which were related to advertising and were indexed compared to the number of listeners/viewers, failed to compensate for its heavy investments in purchasing and building stations. In 1951, a rumor even mentioned that the network would be sold to CBS. In 1951, Noble held a 58% ownership stake in ABC, giving him $5 million with which to prevent ABC from going bankrupt; as banks refused further credit, that amount was obtained through a loan from the Prudential Insurance Company of America. Leonard Goldenson, the president of UPT (which sought to diversify itself at the time), approached Noble in 1951 on
Robert Noble (company) as a separate business. The Robert Nobles business had lost significant sales in early 2000s when MoD contracts for Scottish Regiments were sent outside the UK In 2015, after trying to sell the company privately, the management publicly put the site up for sale. Unable to find buyers for the site, the two businesses Robert Noble and Replin were sold to other manufacturers. Robert Noble was sold to Magee's in Ireland and Replin was sold to AW Hainsworth based in Yorkshire Company history and timeline Historic aerial photographs of March Street Mills Image of railway waggon advertising March Street Mills