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.
CALIFORNIA | LOCAL
February 13, 2010 |
Walter Fredrick Morrison, whose post-World War II invention of a "flying" plastic disc became an American recreational icon known as the Frisbee, has died. He was 90. Morrison died Tuesday of age-related causes at his home in Monroe, Utah, said his son, Walt. Wham-O Inc. has sold more than 200 million Frisbees since Morrison sold the company the rights to what he called the Pluto Platter in 1957. "Fred's timeless contribution to the sport and toy industries has brought smiles to well over 200 million faces and continues to do so every day," Kevin Martzolff, Wham-O's vice president of design & marketing, said in a statement.