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MGA scoops up Little Tikes
Van Nuys, California-based MGA Entertainment is getting into the preschool toy market with its acquisition of Little Tikes. Well-known for its bright Cozy Car Coupe, which has sold more than six million units since its creation, the kids toy and furniture manufacturer brought in about US$250 million in revenue for previous owner Newell Rubbermaid in 2005.
October 1, 2006
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