TIME
In shopping around for a buyer for his American Broadcasting Co., Edward J. Noble has dickered with International Telephone & Telegraph Corp., 20th Century-Fox Film Corp. and Publisher Walter (Philadelphia Inquirer) Annenberg. Fortnight ago, Noble was dickering with two hot new prospects: the Columbia Broadcasting System and United Paramount Theaters, Inc. His asking price was $28 million. Last week, all the negotiations fell through. Reason: after all the offers, Ed Noble finally decided that ABC was just too good to part with.
More Must-Reads from TIME
- Melinda French Gates Is Going It Alone
- How to Buy Groceries Without Breaking the Bank
- Lai Ching-te Is Standing His Ground
- How to Cool Your Body Down Fast
- Forget Having It All . Let’s Try Having Enough
- 4 Signs Your Body Needs a Break
- The 15 Best Movies to Watch on a Plane
- Want Weekly Recs on What to Watch, Read, and More? Sign Up for Worth Your Time
Contact us at letters@time.com