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 gas a noble gas until 1904 when its characteristics were found to be similar to those of other noble gases. Rayleigh and Ramsay received the 1904 Nobel Prizes in Physics and in Chemistry, respectively, for their discovery of the noble gases; in the words of J. E. Cederblom, then president of the Royal Swedish Academy of Sciences, "the discovery of an entirely new group of elements, of which no single representative had been known with any certainty, is something utterly unique in the history of chemistry, being intrinsically an advance in science of peculiar significance". The discovery of the noble gases