Mattel for Barbie (film series). Mattel purchased The Ringling Bros. and Barnum & Bailey Circus in 1971 for $40 million from the Feld family, whom Mattel kept as management. Mattel sold the circus corporation by December 1973, despite its profit contributions, as Mattel showed a $29.9 million loss in 1972. In 1974, an investigation found Mattel guilty of issuing false and misleading financial reports, banishing Elliot and Ruth Handler from their own company. In 1991, Mattel moved its headquarters from Hawthorne, California to El Segundo, California. Arthur S. Spear, a Mattel vice president, took control of the company in 1975, who
Sheryl Handler tool with which to develop software programs for artificial intelligence. Handler helped found the Thinking Machines Corporation, where she served as CEO until 1992. After the Thinking Machines Corporation went bankrupt in 1995, Handler and several other former employees founded Ab Initio Software. Sheryl Handler Sheryl Handler is an American businesswoman recognized as one of the founders of Thinking Machines and is the founder and current CEO of Ab Initio. Handler attended Case Western Reserve University for interior design and received her master's degree in landscape architecture from Harvard University. Handler had previously participated in the start-up of the Genetics