May 2, 2017 / 1:27 PM / 4 months ago

BRIEF-2U Inc to acquire Getsmarter

May 2 (Reuters) - 2u Inc:

* 2U Inc to acquire Getsmarter

* 2U Inc - 2U will acquire Getsmarter in all-cash transaction for approximately $103 million

* 2U Inc - deal for approximately $103 million

* 2U Inc - deal includes an earn-out payment of up to $20 million in cash

* Says expects transaction to be neutral to adjusted net income per share for 2017

* 2U Inc - because of expense items, transaction-related stock compensation expense, co expects deal to be dilutive to net income per share in 2017 Source text for Eikon: Further company coverage:

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