Grey’s Anatomy star Patrick Dempsey buying Tully’s coffee
- Winter session Day 1: Govt talks about misuse of word 'secularism', Sonia raises 'intolerance' debate
- Sheena murder: CBI seeks Interpol help, Peter Mukerjea's custody extended till Nov 30
- PPCC chief Bajwa and Jakhar made to resign as rejig in Punjab Congress imminent
- Constitution Day: The many reasons why the BJP decided to celebrate it
- India-Pakistan series to be played from December 15 in Sri Lanka: Rajiv Shukla
The actor is quite excited about saving the brand, which recently filed for bankruptcy, and its 'hundreds of jobs'
Actor Patrick Dempsey, better known as television's 'Dr. McDreamy', promised to rescue Seattle's Tully's coffee chain with a $9.15 million bid to buy it out of bankruptcy. The Grey's Anatomy star who plays Dr. Derek Shepherd, a surgeon at fictional Seattle Grace Hospital, said his offer bested those from six rival bidders — including global coffee giant Starbucks Corp.
"We met the green monster, looked her in the eye, and... she blinked! We got it!" Dempsey tweeted, referring to his company's face-off with Starbucks.
"I'm even more excited about saving Tully's Coffee and its hundreds of jobs," he said in a statement. "I'm confident we will be able to successfully build the brand," said Dempsey, whose company Global Baristas LLC, is purchasing the chain.
Tully's owner TC Global Inc filed for Chapter 11 bankruptcy protection to reorganize in October. The coffee chain, which has more than 500 employees, confirmed in a statement that Global Baristas was selected as the winning bidder. Starbucks participated in the auction and is in a back-up position for certain Tully's assets, a Starbucks spokesman said.
- Why every patriot should be worried, and, yes, ashamed
- Douglass North emphasised institutions when markets were the focus
- ‘Bovine Divine’ controversy lurched between the horrific and the comic
- PM Modi’s achievements abroad appear to cut little ice back home
- Post 13/11 sloganeering at Antalya and Kuala Lumpur won’t be enough
- Can Parliament be insulated from the vagaries of the political climate?