MEMPHIS, Tenn. - Two giant pandas have a home at the Memphis Zoo for at least 10 more years.
WREG-TV in Memphis reports that the Zoo and the Chinese Association of Zoological Gardens and China's State Forestry Administration reached a deal Wednesday morning.
China owns and leases all pandas to other zoos throughout the world and will lease them to the Memphis Zoo for half a million dollars a year.
The process of acquiring giant pandas for the Memphis Zoo began in 1999.
The Memphis Zoo has had "Ya Ya" and "Le Le" since April 2003.