World Report: April 4, 1997 Vol.2 No.23
- This Issue:
- Table of Contents
- Cover Story
- Cover Story - Spanish Version
- Mini-Lesson
- Comprehension Quiz
- Teacher's Guide and Worksheets
Barbie Just Bought Elmo
Elmo was very tickled last week. Mattel, the world's largest toy company, announced that it is becoming even bigger by joining Elmo's maker, Tyco Toys. Mattel makes Barbie, Fisher-Price toys and Hot Wheels. Tyco makes Sesame Street toys and Matchbox cars.
"The merger of these companies," said Mattel president Jill E. Barad, "will be an excellent fit."
The news is not all fun and games. Mattel said 2,700 people will lose their jobs when the company is reorganized.
Next: Tropical Solutions
