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
Pamal Broadcasting Pamal Broadcasting Pamal Broadcasting, Ltd. is a family-owned radio group with twenty-three stations in medium-to-small markets in the Northeast. Based in the Albany suburb of Latham, New York, Pamal Broadcasting was founded in 1986 as Albany Broadcasting Company, when business man James J. Morrell entered broadcast ownership with the purchase of WFLY and WPTR from Five States Tower Company, a Poughkeepsie, NY based broadcasting company that also owned radio stations WPDH and WEOK in the mid-Hudson valley. The Pamal name, a portmanteau of the names of Morrell's children, was adopted in 1996 though each cluster uses a unique name (such