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
Elliot Philipp Elliot Philipp Elliot Philipp (July 20, 1915 – September 27, 2010) was a British gynaecologist and obstetrician who worked with Patrick Steptoe and Robert Edwards in developing in-vitro fertilisation and authored "The Technique of Sex" (1939) with the assistance of Sigmund Freud. Phillip was born to a Jewish family in Stoke Newington, the son of Clarisse (née Weil) and Oscar Philipp. His father - who was a cousin to Martha Bernays, the wife of Sigmund Freud - immigrated in 1908 to London from Hamburg to set up the metal trading firm Philipp Brothers. In 1939, he married Lucie Ruth Hackenbroch;