History of the board game Monopoly to Waddingtons was renegotiated (as was the Clue/Cluedo license to Parker Brothers/General Mills by Waddingtons). By 1974, Parker Brothers had sold 80 million sets of the game. In 1975, another anniversary edition was produced, but this edition came in a cardboard box looking much like a standard edition. Parker Brothers was under management by General Mills as the first six Monopoly Tournaments were held. See "The "Monopoly" Tournaments" below. Kenner was combined with Parker Brothers and spun off as Kenner Parker Toys in 1985. Regular and Deluxe 50th Anniversary editions of "Monopoly" were released that same year. The spinoff game
Parker Brothers subsidiary Kenner; this new company, Kenner Parker Toys Inc., was acquired by Tonka in 1987. Tonka, including Parker Brothers, was bought in 1991 for about $516 million by Hasbro which also owned the Milton Bradley Company. Following the acquisition, Parker Brothers continued to have its corporate offices in Beverly, but production of the games were moved to Milton Bradley's headquarters in East Longmeadow. In 1998, Parker Brothers and Milton Bradley were consolidated at the new Hasbro Games campus (based in Parker Brother's former headquarters). Parker Brothers Parker Brothers was an American toy and game manufacturer which later became a brand