MLGW board delays Memphis Networx vote - WMC Action News 5 - Memphis, Tennessee

MLGW board delays Memphis Networx vote

At a meeting Thursday, MLGW board members delayed a vote to approve the sale of the utility's investment in Memphis Networx.

If the utility sells its share of Networx, it stands to lose its nearly $30 million investment in the fiber optics firm.

Board members delayed their action after being asked to do so by Memphis City Council members.

Stay with WMCTV.com for updates.

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