Donald Jason Flamm investigation, and lawsuits that reached the New York Supreme Court by 1949. Flamm was eventually paid a settlement but did not get WMCA back. Noble had sold the station in 1943 to Nathan Straus, former Federal Housing Authority administrator, for $1,250,000 in order to found the “Blue Network,” which became the American Broadcasting Company (ABC). The Congressional investigation of the FCC absolved Noble, but drew a blistering dissent from the Republican minority. In 1944, lawyer John J. Sirica resigned as chief counsel to the Select Committee in protest of the handling of the case. Donald Flamm was then offered a
Edward J. DeBartolo Sr. absorb that much equity; either one of them must back down or prices would suffer severely. DeBartolo agreed to withdraw. In April, 1994, most of the properties owned by The Edward J. DeBartolo Corporation were transferred to DeBartolo Realty Corporation, a public REIT, in its initial public offering. The new company was chaired by Edward J. DeBartolo Jr.; DeBartolo Sr. was unwilling to deal personally with the constraints of running a public company. In 1996, DeBartolo Realty Corporation was acquired by Simon Property Group, the public REIT formed by DeBartolo's longtime competitors, Melvin and Herbert Simon. DeBartolo's contributions to the