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
Clover (toy company) but Clovers toys were still not a hit. Instead it was Bandai who capitalized on the show by selling model-kits that became extremely popular. Gundam had started the Real Robot trend which changed the focus to "realistic" robots instead of the "super robots" which Clover were used to making. They tried to adapt to the new market by sponsoring shows such as "Xabungle", "Dunbine", and "Srungle" (the first 2 being directed by Gundam creator Yoshiyuki Tomino) but folded in 1983. Clover (toy company) Clover was a Japanese toy company founded in 1973. It closed in 1983. Today it is mainly