American Broadcasting Company which were related to advertising and were indexed compared to the number of listeners/viewers, failed to compensate for its heavy investments in purchasing and building stations. In 1951, a rumor even mentioned that the network would be sold to CBS. In 1951, Noble held a 58% ownership stake in ABC, giving him $5 million with which to prevent ABC from going bankrupt; as banks refused further credit, that amount was obtained through a loan from the Prudential Insurance Company of America. Leonard Goldenson, the president of UPT (which sought to diversify itself at the time), approached Noble in 1951 on
USS Edward J. McKeever Jr. (SP-684) M. F. Johnson in command. Assigned to the 4th Naval District, "Edward J. McKeever Jr." performed patrol, minesweeping, towing, and transport duties for the rest of World War I. On 21 May 1919, "Edward J. McKeever Jr." was decommissioned and sold to the Wilcox Fertilizer Company of Mystic, Connecticut. USS Edward J. McKeever Jr. (SP-684) USS "Edward J. McKeever Jr." (SP-684) was a United States Navy patrol vessel and minesweeper in commission from 1917 to 1919. "Edward J. McKeever Jr." was built as a commercial fishing vessel of the same name by Robert Palmer & Sons at Noank, Connecticut, in