Worlds of Wonder Inc., the high-tech San... - Los Angeles Times
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Worlds of Wonder Inc., the high-tech San...

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Worlds of Wonder Inc., the high-tech San Francisco toy company that is suffering big losses, said it plans to hold a meeting Thursday with its creditors to inform them of various restructuring plans. Worlds is assembling the creditors to discuss alternatives and get their ideas, said Angelo Pezzani, president. Earlier this month, Worlds announced a second-quarter loss of $43 million and said it would possibly recapitalize or sell all or part of the company in an effort to improve its financial liquidity.

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