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
Maco (toy company) Maco (toy company) Maco Toys, Inc., was the name of a popular toy company based in Brooklyn, New York which produced war-themed toys for children in the 1950s and 1960s. Their toys were sold in a catalog that was illustrated by Tony Tallarico and printed by Charlton Comicswhich presented itself as a war comic book. (These toys were also sold in toy stores.) Products included plastic guns (including the M1903 Springfield rifle and an Army Paratrooper Carbine ), grenades, and a plastic Molotov cocktail. The company's products were available in stores throughout the United States, but had a limited range