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Originally published March 16, 2009 at 11:21 AM | Page modified March 17, 2009 at 2:57 AM

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Tully's Coffee adjourns shareholder meeting without decision

Tully's Coffee adjourned a special shareholders meeting this morning, without a final decision on the sale of its wholesale business, because not enough votes were cast in one class of its three classes of shares.

Seattle Times business reporter

Tully's Coffee adjourned a special shareholders meeting this morning, without a final decision on the sale of its wholesale business, because not enough votes were cast in one of its three classes of shares.

The meeting, to determine whether the company will move ahead with the $40.3 million sale of its wholesale business to Green Mountain Coffee Roasters of Vermont, will reconvene at Tully's headquarters on Friday at 8 a.m.

Tully's also will hold informational meetings for shareholders at its headquarters on Wednesday from 4 to 6 p.m. and Thursday from 8 to 10 a.m.

Almost 300 shareholders attended this morning's meeting at the Museum of Flight and stayed after the adjournment to ask questions.

Melissa Allison: 206-464-3312 or mallison@seattletimes.com

Copyright © 2009 The Seattle Times Company

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