Baristas Coffee Company, Inc. (BCCI)

[albacora]

Seattle bankruptcy hearing to decide Tully's sale
Seattle bankruptcy court hearing to decide Tully's sale to Patrick Dempsey
Associated PressBy Donna Gordon Blankinship., Associated Press | Associated Press – 4 hours ago

http://finance.yahoo.com/news/seattle-bankruptcy-hearing-decide-tullys-155842577.html


SEATTLE (AP) -- The auction for beleaguered coffee company Tully's will likely conclude Friday in federal bankruptcy court, with an ownership group led by actor Patrick Dempsey in position to take over the chain. But Starbucks isn't' out of the running.

Dempsey — dubbed "McDreamy" in the "Grey's Anatomy" hospital TV drama — claimed victory last week after an auction.

But a company that teamed up with Starbucks to bid for the Tully's chain filed an objection Wednesday. AgriNurturenot BCCI as all who tried to spin Inc. says it's 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.

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

BH tried another sleazy move and it didn't work. More likely, caused more credibility problems than anything else. What POS run company!