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Lambuth Now Official Part of University of Memphis

JACKSON, Tenn. (AP) — The University of Memphis has officially taken ownership of the Lambuth campus and a flag-raising ceremony is scheduled for next month.
The Jackson Sun reports local officials registered the deed to the property on Tuesday, closing a purchase agreement in the works for more than a year (http://bit.ly/sIibfM).
Part of the campus is being leased by the state and is a satellite location of the University of Memphis.
The city of Jackson, Madison County, West Tennessee Healthcare and Jackson Energy Authority signed their rights to the campus over to the state of Tennessee on Monday after paying about $2 million each to fund the $7.9 million purchase of property.

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