Jack L. Warner to merge with United Artists Television) for the modest sum of $21 million. "This is our heritage, what we worked all our lives to create, and now it is gone," Harry exclaimed, upon hearing of the deal. The breach between Jack and Harry widened later that year. In July 1956, Jack, Harry, and Albert announced that they were putting Warner Bros. on the market. Jack, however, secretly organized a syndicate that purchased control of the company. By the time Harry and Albert learned of their brother's dealings, it was too late. Jack Warner, as the company's largest stockholder, appointed himself
Albert D. Cohen Alexander and Rose (Diamond) Cohen, and he served with the Royal Canadian Navy from 1942 to 1945. Albert's five brothers, John C. (Chauncey), Harry B. Cohen, Morley Cohen, Samuel N. Cohen, and Joseph H. Cohen set up a small retail store and, by 1939, the family had scraped together enough monies to create General Distributors Ltd., a wholesale import firm. By 1950, General Distributors sales amounted to $1 million. In 1952, the company obtained exclusive Canadian rights for Paper Mate pens. Albert negotiated the sale of Papermate in Canada to the Gillette (brand) Company of Boston, Massachusetts in 1955 whereby