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January 4, 2013
Starbucks, actor compete for Tully's
NEW YORK (AP) — 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.
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