Records: Tenn. took loss on sale of home to Jobs - WMC Action News 5 - Memphis, Tennessee

Records: Tenn. took loss on sale of home to Jobs

Records show that the state of Tennessee sold a Memphis home to a company linked to Apple Inc. founder Steve Jobs in 2009 for $475,000 less than the state paid for it four years earlier. Records show that the state of Tennessee sold a Memphis home to a company linked to Apple Inc. founder Steve Jobs in 2009 for $475,000 less than the state paid for it four years earlier.

(AP) - Records show that the state of Tennessee sold a Memphis home to a company linked to Apple Inc. founder Steve Jobs in 2009 for $475,000 less than the state paid for it four years earlier.

State records obtained by The Commercial Appeal show that the state sold the former University of Tennessee Health Science Center chancellor's home to a limited liability corporation Jobs set up for $850,000 in March 2009. Jobs used the two-story home located in an exclusive neighborhood while recovering from a liver transplant in Memphis.

The state had purchased the home for $1,325,000 in 2005 for then-chancellor Bill Owen. After Jobs died last October, Dr. James Eason, Jobs' surgeon, bought the home.

Shelby County commissioners have questioned whether the transplant was connected to the house deal.

Information from: The Commercial Appeal.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Trending StoriesTrending StoriesMore>>

  • Inspector warned duck boat company of design flaws last year

    Inspector warned duck boat company of design flaws last year

    Saturday, July 21 2018 6:13 PM EDT2018-07-21 22:13:06 GMT
    Sunday, July 22 2018 4:25 PM EDT2018-07-22 20:25:47 GMT
    (AP Photo/Charlie Riedel). People view a row of idled duck boats in the parking lot of Ride the Ducks Saturday, July 21, 2018 in Branson, Mo. One of the company's duck boats capsized Thursday night resulting in several deaths on Table Rock Lake.(AP Photo/Charlie Riedel). People view a row of idled duck boats in the parking lot of Ride the Ducks Saturday, July 21, 2018 in Branson, Mo. One of the company's duck boats capsized Thursday night resulting in several deaths on Table Rock Lake.

    Since 1999, duck boats have been linked to the deaths of more than 40 people, with a troubled safety record on the road and water alike.

    More >>

    Since 1999, duck boats have been linked to the deaths of more than 40 people, with a troubled safety record on the road and water alike.

    More >>
  • Woman accused of sending meth in mail to Allred Unit

    Woman accused of sending meth in mail to Allred Unit

    Friday, July 20 2018 3:49 PM EDT2018-07-20 19:49:06 GMT
    Sara Russell is accused of sending meth in a card meant to be delivered to an inmate at the James V. Allred Unit in Wichita Co. (Source: WCSO)Sara Russell is accused of sending meth in a card meant to be delivered to an inmate at the James V. Allred Unit in Wichita Co. (Source: WCSO)
    Sara Russell is accused of sending meth in a card meant to be delivered to an inmate at the James V. Allred Unit in Wichita Co. (Source: WCSO)Sara Russell is accused of sending meth in a card meant to be delivered to an inmate at the James V. Allred Unit in Wichita Co. (Source: WCSO)

    A woman from Katy, Texas has been booked into the Wichita Co. Jail and charged with Prohibited Substance and Item in Correctional Facility.  

    More >>

    A woman from Katy, Texas has been booked into the Wichita Co. Jail and charged with Prohibited Substance and Item in Correctional Facility.  

    More >>
  • Tornado touches down in east AL Saturday night

    Tornado touches down in east AL Saturday night

    Sunday, July 22 2018 3:48 PM EDT2018-07-22 19:48:42 GMT
    A tornado touched down Saturday night in central Lee County, on the southeast side of Opelika. (Source: WSFA 12 News)A tornado touched down Saturday night in central Lee County, on the southeast side of Opelika. (Source: WSFA 12 News)

    A tornado touched down Saturday night in central Lee County, on the southeast side of Opelika.

    More >>

    A tornado touched down Saturday night in central Lee County, on the southeast side of Opelika.

    More >>
Powered by Frankly