April 16, 1998 |
For years, when a competitor wanted to belittle the Morey bodyboard company, it would slip a Barbie doll into advertisements--a subtle dig at Mattel Inc.'s ownership of the nation's premier bodyboard line. Morey ditched the doll in November when Torrance-based Wham-O Inc.--a new company that's trying to revitalize an old toy industry name--purchased Mattel's sports division--including the Morey, Frisbee, Hula-Hoop and Hacky Sack brands--for a reported $20 million.
September 10, 2003 |
The maker of the Slip 'N Slide has filed a lawsuit over a scene in the movie "Dickie Roberts: Former Child Star" that shows actor David Spade skidding to a painful halt on the summertime water toy. Wham-O is asking a judge to order the film out of theaters as long as it contains the Slip 'N Slide scene, or for a disclaimer to be added urging viewers not to try the maneuver made by Spade.
May 9, 1994 |
Oh, how the place once shook and shimmied, wobbled and whirled, this twinkling toy factory that turned out Whing Dings and Nutty Knotters and Zip Zaps. Together, two new USC grads, Rich Knerr and Arthur (Spud) Melin, dreamed up this whimsical place called Wham-O in 1948; two wacky best friends who once got arrested in Pasadena for hurling rotten oranges at each other as teens.
April 30, 2003
* A federal judge in Manhattan approved a settlement of a lawsuit that accused Metropolitan Life Insurance Co. of discriminating against blacks and other minorities in the selling of policies. The settlement could cost MetLife as much as $90 million. * Johnson & Johnson said it completed its acquisition of Sunnyvale, Calif., biotechnology company Scios Inc. for $2.4 billion. * Wham-O Inc. of Emeryville, Calif., said it bought the assets of Rockville, Md.-based snowboard maker Riva Sports Inc.
December 10, 1997 |
Mattel Inc. said it agreed to sell its Mattel Sports division to closely held Wham-O Inc. for an undisclosed price as the El Segundo-based company continues to focus on its core brands by shedding non-core businesses. Wham-O, a toy company formed to acquire and reinvigorate classic toy brands, is majority owned by closely held investment firm Charterhouse Group International Inc.
November 26, 1987 |
A small company trying to get its new flying disk off the ground is suing the maker of Frisbee for $100 million, charging trademark infringement and unfair trade practices. The feud pits Sandeen Inc. of Hayward, Calif., and its SpinJammer disk against Wham-O Inc., which is marketing a similar new product called Ripspinner. Wham-O, based in San Gabriel, is part of Kransco Manufacturing Co. of San Francisco. Cone-Shaped Center A hearing is scheduled for Dec. 14 before U.S.