After Hadden died in 1929, Larsen purchased 550 shares of Time Inc., using money he obtained from selling RKO stock which he had inherited from his father, who was the head of the Benjamin Franklin Keith theatre chain in New England. The two had previously worked together as chairman and managing editor respectively of the Yale Daily News. For more immediate gift delivery, we recommend selecting the optional gift issue above. Retrieved May 30, 2011. ^ MSNBC-TV report by Andrea Mitchell, April 17, 2008, 1:45 pm . ^ Joe Hagan (4 March 2007). «The Time of Their Lives». . For further details on Automatic Renewals and Cancellations click here.