Monday, May 20, 2013





Judge: Tully's Coffee to go to Dempsey's group


Last Modified: February 20. 2013 1:44AM
Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle


e3161cc27ae64434be61ee6a64da2a97.jpg



(AP) A bankruptcy judge has approved the sale of beleaguered coffee company Tully's to a group led by Patrick Dempsey.


The actor dubbed McDreamy in the Grey's Anatomy hospital TV drama had claimed victory last week after an auction.


But a company that teamed up with Starbucks Corp. to bid for the Tully's chain filed an objection Wednesday. AgriNurture Inc. said it was still willing to proceed with its combined bid with Starbucks of about $10.6 million.


The bid from Dempsey's company, Global Baristas LLC, was for $9.2 million.


At a hearing Friday afternoon, Judge Karen Overstreet said the auction was fair.


Tully's has 47 shops in Washington and California with more than 500 employees. It filed for Chapter 11 bankruptcy protection in October.


Associated Press


Comments
Commenting Guidelines
Poll

Search for New & Used Cars

Make 
Model
 
Used New All
 

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals



Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds