Now With a ‘Sizable Cash Hoard’ of $1 Billion, What Might Chegg Buy?
Edsurge
MARCH 27, 2019
Chegg , a publicly-traded provider of textbook rentals and online student services, has closed a $700 million convertible note offering that, after taking expenses into consideration, should give the company an additional $682.7 A portion of this sum will be used by the company for stock repurchases. million in cash.
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