The purchase was said to allow a better fit with MGA Entertainment, a manufacturer of children's toys and entertainment products founded in 1979 whose products included the Bratz line of fashion dolls. As of 2006, the 500 employees at Little Tikes were generating approximately $250 million in revenue of Rubbermaid's $6.3 billion in annual sales, and the acquisition was projected to add $15 to $25 million to MGA Entertainment's bottom line. The company was acquired by MGA Entertainment in September 2006 from Newell Rubbermaid for an undisclosed sum. In 1999, Rubbermaid merged with Newell to form Newell Rubbermaid. In 1991, Murdough established a new toy business called Step 2, now based in Streetsboro, Ohio, aimed at competing with and outselling Little Tikes. In May 1989, Murdough announced that he would be leaving Little Tikes at the end of that year to pursue other interests. Murdough signed an employment agreement with Rubbermaid under which he would stay with the new parent company for a five-year period as president and general manager through 1989. The company was acquired by Rubbermaid in 1984. Little Tikes' products are mostly low-tech molded plastic toys aimed primarily at infants and young children, for indoor and outdoor use, including its party kitchen and turtle sandbox. The company also has other manufacturing and distribution facilities in Asia and Europe. Little Tikes is an American manufacturer of children's toys, with headquarters and manufacturing located in Hudson, Ohio.
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