Cumulus Media Networks the market, it was sold in 1943 to businessman Edward J. Noble, owner of Life Savers candy and the Rexall Drug store chain, for the asking price. After Noble took over, the network identified itself on-air as "The Blue Network." It was officially renamed the "American Broadcasting Company, Inc." in June 1945 after the company bought the rights to the name from (what would later become) Storer Broadcasting. With about 65 affiliates, ABC began with few of the big names and popular shows the other networks offered, so counter-programming became an ABC specialty. Industry policy had been to forbid taped
Edward J. Bermingham the two men met at least twice at the White House. Bermingham was a member of the financial committee of the Republican National Committee and instrumental in Eisenhower's nomination. In retirement he raised cattle on his Wyoming ranch. At the time of Birmingham's death he was a trustee of the Eisenhower Foundation in Abilene, Kansas. Edward J. Bermingham Edward J. Bermingham (1887–1958) was a prominent investment banker and correspondent of Dwight D. Eisenhower. Bermingham worked for Lehman Brothers and Dillon, Read and Company, and was a trustee of Columbia University. Bermingham was a member of Columbia University's graduating class of