Like The Herald Business Journal on Facebook!
The Herald of Everett, Washington
Heraldnet.com

The top local business stories in your email

Contact Us:

Josh O'Connor
Publisher
Phone: 425-339-3007
joconnor@heraldnet.com

Jody Knoblich
General Sales Manager
Phone: 425-339-3445
Fax: 425-339-3049
jknoblich@heraldnet.com

Jim Davis
Editor
Phone: 425-339-3097
jdavis@heraldnet.com

Site address:
1800 41st Street, S-300,
Everett, WA 98203

Mailing address:
P.O. Box 930
Everett, WA 98206

HBJ RSS feeds

Starbucks, actor Dempsey compete for Tully's coffee chain

SHARE: facebook Twitter icon Linkedin icon Google+ icon Email icon |  PRINTER-FRIENDLY  |  COMMENTS
Associated Press
Published:
NEW YORK -- The competition to buy a small coffee chain is getting steamy, with Starbucks and actor Patrick Dempsey among those vying to become its new owners.
Starbucks Corp. confirmed that it is participating in a bankruptcy auction Thursday to buy Tully's Coffee, which has 47 company-owned locations in Washington and California. Tully's filed for Chapter 11 bankruptcy protection in October.
Dempsey, who gained the nickname "McDreamy" on the TV show "Grey's Anatomy," also said last week that he wants to rescue the chain.
Baristas Coffee, which operates a chain of drive-thru espresso stands featuring female employees in skimpy outfits, has also expressed interest.
The auction process is not public. The outcome is expected to be filed in court Friday.
Story tags » Starbucks

MORE HBJ HEADLINES

CALENDAR

Share your comments: Log in using your HeraldNet account or your Facebook, Twitter or Disqus profile. Comments that violate the rules are subject to removal. Please see our terms of use. Please note that you must verify your email address for your comments to appear.

You are logged in using your HeraldNet ID. Click here to update your profile. | Log out.

Our new comment system is not supported in IE 7. Please upgrade your browser here.

comments powered by Disqus

Market roundup