American Broadcasting Company a proposal for UPT to purchase ABC. Noble received other offers, including one from CBS founder William S. Paley; however, a merger with CBS would have forced that network to sell its New York City and Los Angeles stations at the very least. Goldenson and Noble reached a tentative agreement in the late spring of 1951 in which UPT would acquire ABC and turn it into a subsidiary of the company that would retain autonomy in its management. On June 6, 1951, the tentative agreement was approved by UPT's board of directors. However, the transaction had to be approved by
Noble J. Johnson Noble J. Johnson Noble Jacob Johnson (August 23, 1887 – March 17, 1968) was a United States Representative from Indiana and an Associate Judge and Chief Judge of the United States Court of Customs and Patent Appeals. Born in Terre Haute, Indiana, Johnson attended the public schools. After reading law to be admitted to the bar in 1911, he commenced practice in Terre Haute from 1911 to 1917. He was a deputy prosecuting attorney for the forty-third judicial circuit of Indiana in 1917 and 1918. He served as prosecuting attorney for the same judicial circuit from 1921 to 1924. Johnson