May 16, 2018 / 8:15 PM / 7 months ago

BRIEF-Chegg Acquired Writelab For About $15 Mln In All Cash Transaction

May 16 (Reuters) - Chegg Inc:

* CHEGG DEEPENS INVESTMENT IN WRITING AND AI WITH ACQUISITION OF WRITELAB

* CHEGG INC - CHEGG ACQUIRED WRITELAB FOR APPROXIMATELY $15 MILLION, IN AN ALL CASH TRANSACTION

* CHEGG INC - AS A RESULT OF DEAL, DOES NOT EXPECT ANY MATERIAL EFFECT ON OPERATIONS, Q2 GUIDANCE, OR FULL YEAR 2018 GUIDANCE ISSUED ON APRIL 26, 2018 Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below