Tully's files for $50M IPO

SEATTLE Tully's Coffee Corp. said Thursday it plans to file for a $50 million initial public offering of its common stock. Proceeds would be used to fund expansion of the 126-unit Tully's Coffee chain and its wholesale business, as well as working capital and general corporate purposes, the company said in a statement.

Aregistration statement for the sale of securities will be filed by the end of April with the Securities & Exchange Commission, it also said. As

Register to view the full article

Register to view this article

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish