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
Tegu (toy company) Tegu (toy company) Tegu is a toy company based in Honduras and the United States that sells magnetic wooden toy blocks. The company was founded in 2006 by Chris Haughey and Will Haughey. The company aims to help Honduras through positive employment opportunities, tree-planting efforts, and by funding days of school. Co-founders and brothers Chris Haughey and Will Haughey were born in New Zealand and moved to St. Louis, Missouri at a young age. Both attended the John Burroughs Preparatory Day School in St. Louis, Missouri. The Haughey family took numerous mission trips to underdeveloped nations. After graduating from Stanford