Starbucks, actor Dempsey vie to buy Tully's

Starbucks, actor Dempsey vie to buy Tully's

Credit: Getty Images for Cirque du Solei

HOLLYWOOD, CA - SEPTEMBER 25: Actor Patrick Dempsey attends IRIS, A Journey Through the World of Cinema by Cirque du Soleil premiere Sunday, September 25, 2011 exclusively at Kodak Theatre in Hollywood, California. (Photo by Jason Merritt/Getty Images for Cirque du Soleil)

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by Associated Press

kgw.com

Posted on January 3, 2013 at 3:38 PM

Updated Tuesday, Oct 29 at 8:35 PM

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.

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